Calls Purchased on RadioShack Corporation (RSH)

Shares of RadioShack Corporation RSH are higher on the session by 1.22%, currently trading at $19.12. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the December $20.00 call was purchased 2,000 times, on the offer, on open interest of 1,016 contracts and the Dec $19.00 call was purchased 1,000 times on open interest of 1,504 contracts. Overall call volume is now running at 3.44x the daily average with 71% of all calls traded being purchases on the offer. RadioShack Corporation is engaged in the retail sale of consumer electronics goods and services through the RadioShack store chain and non-RadioShack-branded kiosk operations.
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Posted In: Long IdeasTechnicalsOptionsTrading IdeasComputer & Electronics RetailConsumer Discretionary
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