Calls Purchased on Expedia (EXPE)

Shares of Expedia Inc. EXPE are higher on the session by 1.12%, currently trading at $19.78. The stock has been running largely lower over the past six months and is currently trading in a technical downtrend. Options traders are picking up some calls today. The October $25 call was purchased 4,400 times, on the offer, a short while ago; open interest on the strike is 1,573 contracts. This signals new, bullish positioning on the strike. Call volume is now running at 5.57x the daily average. Expedia, Inc. is an online travel company. The company makes available on a stand-alone and package basis, travel products and services provided by numerous airlines, lodging properties, car rental companies, destination service providers, cruise lines and other travel product and service companies. It also offers travel and non-travel advertisers access to a source of incremental traffic and transactions through the various media and advertising offerings on both the TripAdvisor Media Network and on the transaction-based Websites.