Shares of Pall PLL are lower on the session by 0.72%, currently trading at $48.58. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.
Options traders are buying calls on the name today. A short while ago the September 2011 $50.00 call traded 1,500 times on open interest of 72 contracts.
Overall call volume is now running at 30.51x the daily average with 100% of all calls traded being purchases on the offer.
Pall Corporation along with its subsidiaries, is a supplier of filtration, separation and purification technologies, principally made by the company using its engineering capability and fluid management expertise, filter media, and other fluid clarification and separations equipment for the removal of solid, liquid and gaseous contaminants from a variety of liquids and gases.
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