Calls Purchased on Boston Scientific Corporation (BSX)

Shares of Boston Scientific Corporation BSX are lower on the session by 8.58%, currently trading at $6.18. 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 May 2011 $8.00 call was purchased 7,000 times, on the offer, on open interest of 22,231 contracts. Overall call volume is now running at 2.95x the daily average with 87% of all calls traded being purchases on the offer. Boston Scientific Corporation is a worldwide developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties.