Calls Purchased on Nuance Communications

Shares of Nuance Communications NUAN are higher on the session by 1.46%, currently trading at $21.58. The stock has been moving largely higher over the past four 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 August 2011 $22.00 call traded 3,500 times on open interest of 1,679 contracts. Overall call volume is now running at 5.01x the daily average with 99% 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.