Calls Sold on AmerisourceBergen (ABC)

Shares of AmerisourceBergen Corporation ABC are falling today by 0.32% today, currently trading $31.19. The stock has been screaming higher over the past year, rallying from $17.50 as recently as last July. The stock may be selling off today, but it is still trading above the 50-day moving average. Options traders are selling calls in the name, though, suggesting that the run will slow down here and the stock will base out. The May $30 call was sold over 1,300 times, as well as the August $30 call, which was sold 1,245 times. Call volume is running at 3.50x the daily average. AmerisourceBergen Corporation is a pharmaceutical services company, with operations in the United States and Canada.