Calls Sold in American Capital LTD (ACAS)

Shares of American Capital LTD ACAS are trading higher today by over 9.00%, currently at $5.08. The stock has now bounced off of the 200-day moving average, which is a bullish sign. Options trading is favoring call selling today with the November $4 and $5 calls both sold on the bid 8,000 times. Volume on both strikes did not exceed open interest, which suggests that long call holders are using the bounce today to get out of their holdings. American Capital, Ltd. is an equity firm and a global asset manager.