Calls Purchased on Cablevision Systems Corporation (CVC)

Shares of Cablevision Systems Corporation CVC are lower on the session by 3.37%, currently trading at $34.08. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the May $34.00 call was purchased 2,400 times, on the offer, on open interest of 2,076 contracts. Overall call volume is now running at 4.48x the daily average with 73% of all calls traded being purchases on the offer. Cablevision Systems Corporation, through its subsidiary, CSC Holdings, LLC, is a cable operator in the United States. Cablevision also operates cable programming networks, entertainment businesses, telecommunications companies and a newspaper publishing business.