Calls Purchased on Discover Financial Services (DFS)

Shares of Discover Financial Services DFS are higher on the session by 2.95%, currently trading at $15.72. The stock has been moving largely higher over the past two months, off of recent lows near $12.25. Options traders are buying calls on the name today. The August $16.00 call was purchased 2,150 times, on the offer, earlier in the session; open interest on the strike is just 1,193 contracts. Call volume is now running at 2.16x the daily average. Discover Financial Services is a credit card issuer in the United States and an electronic payment services company. The Company offers credit cards, personal and student loans, and deposit products. The company is bank holding and financial holding company.