EMC (NYSE:EMC) Still Attracting Bulls, Calls Rising

EMC's (NYSE:EMC) consistent climb continues, and bulls believe there is still a lot of juice left in the stock, buying up calls.

Today, according to optionMONSTER, close to 30,000 July 29 calls were purchased for $0.83, while at the same time an equal number of April 24 calls were sold at $2.86.

With volume below interest for the April contracts, it appears a long position was rolled from one strike to the other.

Option volume on EMC is about three times usual, with 96 percent of activity being calls.

EMC was trading at $27.07, down $0.01, or 0.04 percent, as of 11:56 AM EST.