Calls Purchased on BB&T Corporation (BBT)

Shares of BB&T Corporation BBT are higher on the session by 0.68%, currently trading at $26.64. The stock has been moving largely higher over the past five months and is currently consolidating around the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the January 2013 $35.00 call was purchased 5,000 times, on the offer, on open interest of 13,052 contracts. Overall call volume is now running at 2.65x the daily average with 89% of all calls traded being purchases on the offer. BB&T Corporation is a financial holding company. BB&T conducts its business operations primarily through its commercial banking subsidiary, Branch Banking and Trust Company. Branch Bank has offices in North Carolina, Virginia, Florida, Georgia, Maryland, South Carolina, Alabama, Kentucky, West Virginia, Tennessee, Nevada, Texas, Washington D.C and Indiana.