Calls Purchased on Moody’s (MCO)

Shares of Moody’s Corp. MCO are higher on the session by 1.02%, currently trading $20.10. The stock is receiving a bounce after its congressional hearing yesterday was, more or less, a non-event. Calls are being purchased on the stock today with the January 2012 $12.50 call purchased on the offer 2,700 times. There is zero open interest on the stock. It also looks like the June $22 put was sold 1,200 times today on open interest of 13,061 contracts. Moody's Corporation is a provider of credit ratings; credit and economic related research, data and analytical tools; risk management software, and quantitative credit risk measures, credit portfolio management solutions and training services.