Calls Purchased on Officemax (OMX)

Shares of Officemax Inc. OMX are higher on the session by 0.13%, currently trading at $15.73. The stock has been experiencing a lot of volatility around the $18 level and now appears to be moving lower. Options traders are picking up some upside on the name today. The July $15 call was purchased 2,370 times on open interest of 127 contracts and the July $17.50 call was purchased 3,232 times on open interest of 4,103 contracts. Call volume is now running at 9.02x the daily average. Officemax Incorporated provides office supplies and paper, print and document services, technology products and solutions, and office furniture to large, medium and small businesses, government offices and consumers.