Shares of UBS AG UBS are higher on the session by 4.02%, currently trading at $19.13. The stock has been moving largely higher over the past three 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 $20.00 call was purchased 1,900 times, on the offer, on open interest of 1,570 contracts.
Overall call volume is now running at 4.12x the daily average with 77% of all calls traded being purchases on the offer.
UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis. UBS AG is the parent company of the UBS Group.
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