Calls Purchased on The Interpublic Group of Companies (IPG)

Shares of The Interpublic Group of Companies IPG are lower on the session by 0.19%, currently trading at $10.60. The stock has been moving largely higher over the past six months is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the July 2011 $12.00 call was purchased 4,500 times, on the offer, for $0.60 on open interest of only 18 contracts. This signals new positioning on the name. Overall call volume is now running at 28.97x the daily average with 99% of all calls traded being purchases on the offer. The Interpublic Group of Companies, Inc. is a global advertising and marketing services company. IPG's agencies create marketing programs for clients in every world market.