Calls Purchased on The Interpublic Group of Companies (IPG)

Shares of The Interpublic Group of Companies IPG are lower on the session by 1.52%, currently trading at $11.00. 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 July 2011 $12.00 call was purchased 2,250 times, on the offer, for $0.75 on open interest of 4,524 contracts.. Overall call volume is now running at 5.92x the daily average with 100% of all calls traded being purchases on the offer. The Interpublic Group of Companies, Inc. is a global advertising and marketing services company. IPG's agencies create marketing programs for clients in every world market. These companies deliver services across a range of marketing disciplines and specialties, including advertising, direct marketing, media buying and planning, public relations, events marketing, Internet and search engine marketing, social media marketing and mobile marketing.