Calls Purchased on AmBev (ABV)

Shares of AmBev ABV are higher on the session by 0.86%, currently trading at $27.00. The stock has been moving largely higher over the past six months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying calls on the name today. Though action has been primarily in small lots, overall call volume is now running at 2.48x the daily average with 82% of all calls traded being purchases on the offer. Traders are buying the $25, $26, and $27 strikes in multiple months. Companhia de Bebidas das Americas – AmBev is a Brazil-based company. AmBev and its subsidiaries produce, distribute and sell beer, carbonated soft drinks and other non-alcoholic and non-carbonated products in 14 countries across the Americas.