Calls Purchased on Cardinal Health (CAH)

Shares of Cardinal Health Inc. CAH are higher on the session by 0.51%, currently trading at $33.43. The stock has been gyrating higher over the past six months. Options traders are buying calls on the name today (for a second day in a row), betting that the stock can rally from here. The September $35.00 call was purchased 1,000 times, on the offer, a short wile ago. Open interest on the strike is 2,096 contracts. Call volume is now running at 5.85x the daily average. Cardinal Health, Inc. is a provider of products and services to healthcare industry. During the fiscal year ended June 30, 2009 (fiscal 2009), the company had three segments: Healthcare Supply Chain Services, Clinical and Medical Products and All Other.