Calls Purchased on H&R Block, Inc. (HRB)

Shares of H&R Block, Inc. HRB are higher on the session by 2.84%, currently trading at $13.39. The stock has been moving largely lower over the past six months, but recently bounced off of the $10.40 level and is now trading above the 50-day moving average. Options traders are buying calls on the name today. A short while ago the December $14.00 call was purchased 8,000 times, on the offer, on open interest of only 4,431 contracts. This signals new positioning on the name. Overall call volume is now running at 2.21x the daily average with 94% of all calls traded being purchases on the offer. H&R Block, Inc. has subsidiaries that provide tax, banking, and business and consulting services. The company's Tax Services segment provides income tax return preparation, electronic filing and other services and products related to income tax return preparation to the general public primarily in the United States, and also in Canada and Australia.