Calls Purchased on Wimm Bill Dann (WBD)

Shares of Wimm Bill Dann Foods WBD are higher on the session by 6.72%, currently trading $20.95. The stock has been trading largely sideways for the past six months and is currently holding the 200-day moving average. Traders are buying calls on the name today as well. The July $22.50 call was purchased 1,200 times on the offer. Open interest on the strike is only 270 contracts; this signals new, bullish positioning. Call volume is running at 22.27x the daily average. Wimm-Bill-Dann Foods OJSC is a Russian manufacturer of dairy and juice products. The Company's operations are organized into three segments: dairy, beverages and babyfood. During the year ended December 31, 2008, the Company's dairy, beverage and babyfood products accounted for 74.2%, 16.8% and 9% of its net sales.