Calls Purchased on Dollar Thrifty Automotive Group (DTG)

Shares of Dollar Thrifty Automotive Group DTG are lower on the session by 0.54%, currently trading at $47.82. The stock has been moving largely sideways over the past four 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 April 2011 $55.00 call was purchased 3,500 times, on the offer, on open interest of 4,006 contracts. Overall call volume is now running at 2.88x the daily average with 100% of all calls traded being purchases on the offer. Dollar Thrifty Automotive Group, Inc. is engaged in the business of the daily rental of vehicles to business and leisure customers through company-owned stores. The company also sells vehicle rental franchises worldwide and provides sales and marketing, reservations, data processing systems, insurance and other services to franchisees.