Calls Purchased on Thor Industries, Inc. (THO)

Shares of Thor Industries, Inc. THO are lower on the session by 0.60%, currently trading at $31.30. The stock has been moving largely higher over the past five months, double-bottoming near $23.00 and rallying above the 50-day and 200-day moving averages. Options traders are buying calls on THO today. A short while ago the November $35.00 call was purchased 1,300 times, on the offer, for $0.35 on open interest of only 150 contracts. This signals new positioning on the strike. Overall call volume is now running at 16.30x the daily average with 88% of all calls traded being purchases on the offer. Thor Industries, Inc. manufactures and sells a range of recreation vehicles and small and mid-size buses in the United States and Canada. The company has three segments: towable recreation vehicles, motorized recreation vehicles and buses. ElDorado National manufactures and sells buses under trade names, such as Aerolite, AeroElite, Aerotech, Escort, MST, Transmark, EZ Rider, and Axess, its 40 foot bus.