Calls Purchased on Accenture plc (ACN)

Shares of Accenture plc ACN are higher on the session by 0.18%, currently trading at $38.31. The stock has been trading lower over the past two months and is now below both the 50-day and 200-day moving averages. Options traders are buying some upside on the stock today. The July $40 call was purchased 1,130 times this morning on open interest of 4,953 contracts. Call volume is now running at 2.7x the daily average. Accenture plc is a management consulting, technology services and outsourcing company. The Company helps clients improve operational performance, deliver their products and services, increase revenues in markets and identify and enter new markets. Its business is organized in five operating groups: Communications & High Tech, Financial Services, Health & Public Service, Products and Resources.