Call Buyers Target H&R Block Inc. (HRB)

Shares of H&R Block HRB are higher on the session by 0.25%, currently trading at $15.84. The stock has been moving lower for the past six months, cratering from the $23.00 level. Options traders are buying calls on the name today. Though action has been primarily in small lots, call volume is now running at 2.41x the daily average. Traders are focusing on contracts exclusively in January 2011. The $20.00, 22.50, and 25.00 strikes have all found buyers. Call volume is now running at 2.68x the daily average. H&R Block, Inc. has subsidiaries that provide tax, retail banking, accounting and business consulting services and products. The Company's Tax Services segment primarily consists of its income tax preparation businesses: retail, online and software. These businesses serve the general public in the United States, Canada and Australia.