Calls Purchased on Gaylord Entertainment Company (GET)

Shares of Gaylord Entertainment Company GET are higher on the session by 2.13%, currently trading at $33.51. The stock had been moving largely higher over the past six months, but recently came under selling pressure. It is currently trading between the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the April 2011 $35.00 call was purchased 1,000 times, on the offer, for $1.65 on open interest of 1,197 contracts. Overall call volume is now running at 3.59x the daily average with 96% of all calls traded being purchases on the offer. Gaylord Entertainment Company is engaged in the business of hospitality. The company's operations are organized into three principal business segments: Hospitality, which includes its hotel operations; Opry and Attractions, which includes its Grand Ole Opry assets, its Corporate Magic event planning business, WSM-AM and Nashville attractions, and Corporate and Other, which includes corporate expenses.