Calls Purchased on Staples, Inc. (SPLS)

Shares of Staples, Inc. SPLS are higher on the session by 0.48%, currently trading at $20.80. The stock has been moving largely lower over the past six months, off from a recent high near $25.00. Options traders are buying calls on the name today. A short while ago the November $22.00 call was purchased 2,300 times, on the offer, on open interest of just 203 contracts. This signals new positioning on the name. Overall call volume is now running at 4.36x the daily average, 76% on the offer. Staples, Inc. is an office products company. The company, along with its subsidiaries, offers a range of office products, including supplies, technology, furniture and business services. It serves customers of all sizes in 25 countries throughout North and South America, Europe, Asia and Australia.