Calls Purchased on Genpact Limited (G)

Shares of Genpact Limited G are lower on the session by 0.13%, currently trading at $15.32. The stock has been moving largely sideways over the past three months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the February 2011 $17.50 call was purchased 1,300 times, on the offer, on open interest of 3 contracts. Overall call volume is now running at 41.94x the daily average with 100% of all calls traded being purchases on the offer. Genpact Limited manages business processes, offering a portfolio of enterprise and industry-specific services. The company manages over 3,000 processes for more than 400 clients worldwide.