Calls Purchased on Cracker Barrel Old Country Store

Shares of Cracker Barrel Old Country Store CBRL are lower on the session by 0.39%, currently trading at $48.29. The stock has been moving largely lower over the past six months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the July 2011 $50.00 call traded 800 times on open interest of 694 contracts. The Aug $45.00 call also traded 500 times on open interest of 4 contracts. Overall call volume is now running at 5.62x the daily average with 90% of all calls traded being purchases on the offer. Cracker Barrel Old Country Store, Inc. is principally engaged in the operation and development of the Cracker Barrel Old Country Store restaurant and retail concept. As of September 21, 2010, it operated 595 full-service restaurants and gift shops in 41 states.