Calls Purchased on Danaher Corporation (DHR)

Shares of Danaher Corporation DHR are higher on the session by 0.28%, currently trading at $49.88. The stock has been moving largely higher over the past six 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 June 2011 $55.00 call was purchased 4,000 times, on the offer, on open interest of 262 contracts. The March 2011 $50.00 call was also traded 1,000 times on open interest of 3,378 contracts. Overall call volume is now running at 3.93x the daily average with 82% of all calls traded being purchases on the offer. Danaher Corporation is engaged in the design, manufacture and marketing of professional, medical, industrial, commercial and consumer products. Danaher operates in four segments: Professional Instrumentation, Medical Technologies, Industrial Technologies, and Tools & Components.