Calls Purchased on Brinks Co. (BCO)

Shares of Brinks Co. BCO ended the session lower by 1.55%, trading at $19.03. The stock has been drifting lower and lower throughout the past three months and is trading below both the 50-day and 200-day moving averages. Options traders were buying upside calls today. The September $20.00 call was purchased 1,000 times on open interest of 1,537 contracts and the December $20.00 call was purchased 1,000 times on open interest of 1,511 contracts. Call volume is now running at 9.64x the daily average. The Brink's Company is a provider of secure transportation, cash logistics and other security-related services to banks and financial institutions, retailers, government agencies, mints, jewelers and other commercial operations worldwide. The company's international network serves customers in more than 50 countries and employs approximately 59,400 people.