Calls Purchased on Newell Rubbermaid

Shares of Newell Rubbermaid NWL are lower on the session by 0.29%, currently trading at $15.45. The stock has been moving largely lower over the past three 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 August 2011 $17.00 call traded 1,600 times on open interest of 456 contracts. Overall call volume is now running at 2.66x the daily average with 81% of all calls traded being purchases on the offer. Newell Rubbermaid Inc. is a global marketer of consumer and commercial products. Its products are marketed under a portfolio of brands, including Rubbermaid, Graco, Aprica, Levolor, Calphalon, Goody, Sharpie, Paper Mate, Dymo, Parker, Waterman, Irwin, Lenox and Technical Concepts.