Calls Purchased on Hudson City Bancorp (HCBK)

Shares of Hudson City Bancorp HCBK are higher on the session by 2.03%, currently trading at $10.04. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages.

Options traders are buying calls on the name today. A short while ago the April $10.00 call was purchased 4,000 times, on the offer, on open interest of 5,680 contracts.

Overall call volume is now running at 2.43x the daily average with 94% of all calls traded being purchases on the offer.

Hudson City Bancorp, Inc. serves as the holding company of its only subsidiary, Hudson City Savings Bank. The principal asset of Hudson City Bancorp is its investment in Hudson City Savings Bank. Hudson City Savings is a federally chartered stock savings bank.