Shares of Informatica Corporation INFA are lower on the session by 1.02%, currently trading at $57.26. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the September 2011 $57.50 call was purchased 2,900 times, on the offer, on open interest of 4,441 contracts.
Overall call volume is now running at 4.47x the daily average with 96% of all calls traded being purchases on the offer.
Informatica Corporation is the provider of enterprise data integration and data quality software and services. The Informatica platform is a set of technologies to enable a range of enterprise-wide data integration initiatives, including Enterprise Data Integration, Data Quality, Master Data Management, B2B Data Exchange, Application Information Lifecycle Management, Complex Event Processing, and Cloud Data Integration.
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