Shares of International Game Technology IGT are lower on the session by 0.62%, currently trading at $17.71. The stock has been moving largely higher over the past six weeks and is currently trading above the 200-day moving average.
Options traders are buying calls on the name today. A short while ago the October 2011 $17.00 call was purchased 5,000 times, on the offer, on open interest of 2,038 contracts. The Oct $18 call also traded 3,000 times on open interest of 724 contracts.
Overall call volume is now running at 9.35x the daily average with 96% of all calls traded being purchases on the offer.
International Game Technology is a global gaming company specializing in the design, manufacture, and marketing of electronic gaming equipment and systems.
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