Calls Purchased on St. Jude Medical (STJ)

Shares of St. Jude Medical STJ are lower on the session by 0.47%, currently trading at $49.14. The stock has been moving largely higher over the past six 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 4,000 times, on the offer, on open interest of 12 contracts.

Overall call volume is now running at 2.38x the daily average with 81% of all calls traded being purchases on the offer.

St. Jude Medical, Inc. develops, manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management, cardiology and cardiac surgery and atrial fibrillation therapy areas and neurostimulation medical devices for the management of chronic pain.