Calls Purchased on Coca-Cola Enterprises

Shares of Coca-Cola Enterprises CCE are higher on the session by 1.59%, currently trading at $28.67. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the November 2011 $31.00 call was purchased 1,500 times, on the offer, on open interest of 0 contracts. Overall call volume is now running at 5.90x the daily average with 98% of all calls traded being purchases on the offer. Coca-Cola Enterprises, Inc. markets, produces and distributes nonalcoholic beverages. The company serves a market of approximately 165 million consumers throughout Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden.