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• HLF 58% Rate It

One investor expects Herbalife to keep on climbing.

optionMONSTER's Heat Seeker tracking system detected the purchase of about 4,300 May 72.50 calls for $2.57. Roughly the same number of May 77.50 calls were sold at the same time for $0.97, resulting in a net cost of about $1.60.

This bullish call spread is highly leveraged to upside in the stock, which has already gained more than 50 percent in the last year. The trade will make money if HLF goes above $74.10, with a maximum profit of more than 210 percent at or above $77.50. (See our Education section)

HLF ended the regular session down 0.21 percent to $70.32. It reported better-than-expected earnings after the bell but fell about 2 percent in extended trading after guidance came in below consensus.

The company, which markets weight-loss products and services domestically and globally, has enjoyed a wave of demand as incomes rise and waistlines expand. Asia and Mexico are its fastest-growing markets.

Yesterday's earnings release will be followed by a conference call at 11 a.m. ET today. The previous five quarterly reports also exceeded expectations.

Overall option volume in HLF was 10 times greater than average yesterday, with calls outnumbering puts by about 3 to 1.

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