Calls Purchased on ConAgra Foods (CAG)

Shares of ConAgra Foods CAG are lower on the session by 1.07%, currently trading at $22.09. The stock has been moving largely lower over the past six months and is currently below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the January 2013 $25.00 call was purchased 7,000 times, on the offer, on open interest of 6,693 contracts. Overall call volume is now running at 8.31x the daily average with 95% of all calls traded being purchases on the offer. ConAgra Foods, Inc. is a food company. The company operates in two segments: Consumer Foods and Commercial Foods. On April 12, 2010, the Company acquired Elan Nutrition, Inc., a privately held formulator and manufacturer of snack and nutrition bars.