Calls Purchased on RehabCare Group (RHB)

Shares of RehabCare Group, Inc. RHB are lower on the session by 1.45%, currently trading at $19.72. The stock has been moving largely lower over the past six months, off of a recent high near $31.87. Options traders are betting that shares may be at a short-term bottom and are buying calls. A short while ago the December $22.50 call was purchased 2,000 times, on the offer, for $0.80; open interest on the strike is 2,667 contracts. Call volume is now running at 53x the daily average, 100% on the offer. RehabCare Group, Inc. is a provider of rehabilitation program management services in more than 1,200 hospitals, skilled nursing facilities, outpatient facilities and other long-term care facilities located in 41 states. The company also owns and operates 28 long-term acute care hospitals and six rehabilitation hospitals. 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.