Calls Purchased on Sunrise Senior Living, Inc. (SRZ)

Shares of Sunrise Senior Living, Inc. SRZ are higher on the session by 0.24%, currently trading at $4.19. The stock has been moving largely higher over the past four months, and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the July 2011 $5.00 call was purchased 2,600 times, on the offer, on no prior open interest. This signals new positioning on the name. Overall call volume is now running at 85.94x the daily average with 87% of all calls traded being purchases on the offer. Sunrise Senior Living, Inc. is a provider of senior living services in the United States, Canada, the United Kingdom and Germany. The company offers a range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer's and other forms of memory loss, nursing and rehabilitative care.