Calls Purchased on Newell Rubbermaid (NWL)

Shares of Newell Rubbermaid NWL are lower on the session by 0.45%, currently trading at $19.84. 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 March 2011 $20.00 call was purchased 7,000 times, on the offer, on open interest of 528 contracts. Overall call volume is now running at 5.87x the daily average with 79% of all calls traded being purchases on the offer. Newell Rubbermaid Inc. is a global marketer of consumer and commercial products. The company's products are marketed under a portfolio of brands, including Rubbermaid, Graco, Aprica, Levolor, Calphalon, Goody, Sharpie, Paper Mate, Dymo, Parker, Waterman, Irwin, Lenox and Technical Concepts.