Calls Purchased on JetBlue Airways Corporation (JBLU)

Shares of JetBlue Airways Corporation JBLU are higher on the session by 1.37%, currently trading at $5.55. The stock has been moving largely lower over the past six months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the June 2011 $6.00 call was purchased 1,000 times, on the offer, for $0.15 on open interest of 2,879 contracts. Overall call volume is now running at 2.30x the daily average with 74% of all calls traded being purchases on the offer. JetBlue Airways Corporation is a passenger airline that operates primarily on point-to-point routes with its fleet of 115 Airbus A320 aircraft and 45 EMBRAER 190 aircraft, such as the youngest and most fuel-efficient fleet of any major United States airline.