Calls Purchased on Northern Trust (NTRS)

Shares of Northern Trust Corp. NTRS are flat on the session, currently trading at $49.00. The stock has been moving largely lower over the past four months, off from recent highs near $59.00. Options traders are buying calls on the name today. The September $55 call was purchased 4,000 times, on the offer, earlier in the session; open interest on the name is 12,285 contracts. Call volume is now running at 3.75x the daily average. Northern Trust Corporation is a financial holding company, which provides asset servicing, fund administration, investment management, banking and fiduciary solutions for corporations, institutions and affluent individuals worldwide.