Calls Purchased on JetBlue Airways (JBLU)

Shares of JetBlue Airways Corporation JBLU are lower on the session by 0.18%, currently trading at $5.61. The stock has been moving largely in a range for the past six months, with $6.50 being resistance and $5.50 being support. Options traders are buying calls on the name today. The September $6.00 call was purchased 1,500 times, on the offer, a short while ago; open interest on the strike is 3,401 contracts. Call volume is now running at 2.58x the daily average. JetBlue Airways Corporation is a passenger airline that operates primarily on point-to-point routes with its fleet of 110 Airbus A320 aircraft and 41 EMBRAER 190 aircraft. As of December 31, 2009, it served 60 destinations in 20 states, Puerto Rico, and 11 countries in the Caribbean and Latin America. For more great research like this, as well as how to play it through options…please visit Benzinga’s Options & Volatility Edge and Benzinga’s Cash Generator.