Calls Purchased on MF Global Holdings (MF)

Shares of MF Global Holdings MF are higher on the session by 2.05%, currently trading at $8.95. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the March 2011 $10.00 call was purchased 1,800 times, on the offer, on open interest of only 111 contracts. This signals new positioning on the strike. Overall call volume is now running at 19.27x the daily average with 95% of all calls traded being purchases on the offer. MF Global Holdings Ltd., formerly MF Global Ltd., is a brokerage firm offering customized solutions in the global cash and derivatives markets. It provides execution and clearing services for products in the exchange-traded and over-the-counter derivative markets, as well as for products in the cash market.