In today’s session Grupo Financiero Galicia S.A. (ADR) (GGAL) registered an unusually high (221) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2015 call, expecting serious GGAL increase. With 221 contracts traded and 25374 open interest for the Dec, 15 contract, it seems this is a quite bullish bet. The option with symbol: GGAL DEC 15 25 Call closed last at: $1.1 or 21.4% down. The stock increased 0.24% or $0.06 during the last trading session, hitting $24.67. About 380,599 shares traded hands. Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) has risen 11.93% since April 30, 2015 and is uptrending. It has outperformed by 12.13% the SP500.

Grupo Financiero Galicia S.A. is a financial services holding company. The company has a market cap of $3.83 billion. Banco de Galicia y Buenos Aires S.A. (Banco Galicia) is the Company’s largest subsidiary. It currently has negative earnings. Banco Galicia is a bank that provides, directly or through its subsidiaries, a range of financial services and products to large firms, small and medium sized companies (SMEs), and individuals.

Major Move Is Coming For Grupo Financiero Galicia S.A. (ADR) After Bullish Options Activity

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