Shares of Pitney Bowes PBI are lower on the session by 0.16%, currently trading at $18.98. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average.
Options traders are focusing on calls today. A short while ago the September 2011 $19.00 call traded 1,300 times on open interest of 1,628 contracts.
Call volume has been running exceptionally high the past two weeks.
Pitney Bowes Inc. is a provider of mail processing equipment and integrated mail solutions. The company offers a range of equipment, supplies, software, services and end-to-end solutions, which enable its customers to manage and integrate physical and digital communication channels.
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