Calls Purchased on HJ Heinz (HNZ)

Shares of HJ Heinz Co. HNZ are higher on the session by 0.55%, currently trading at $45.81. The stock has been hovering around the $46 handle, as well as the 50-day moving average, for the past four months. Options traders are picking up some calls on the name today. The September $50 call was purchased 1,000 times, for $0.30, on open interest of 3,190 contracts and the December $50 call was purchased 1,000 times, for $0.70, on open interest of 816 contracts. Call volume is now running at 2.14x the daily average. H. J. Heinz Company together with its subsidiaries is engaged in manufacturing and marketing a range of food products globally. The Company's principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products.