Calls Purchased on Nuance Communications, Inc.

Shares of Nuance Communications, Inc. NUAN are higher on the session by 1.27%, currently trading at $20.81. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average. Options traders are buying calls on the name today. A short while ago the July 2011 $21.00 call traded 4,100 times on open interest of 5,270 contracts. Overall call volume is now running at 2.28x the daily average with 86% of all calls traded being purchases on the offer. Nuance Communications, Inc. is a provider of voice and language solutions for businesses and consumers around the world. The company's solutions are offered in four markets: Healthcare, Mobile and Consumer, Enterprise and Imaging.