Calls Purchased on Crown Castle International

Shares of Crown Castle International CCI are higher on the session by 1.05%, currently trading at $42.42. The stock has been moving largely sideways over the past five months, but it is currently trading above the 200-day moving average. Options traders are buying calls on the name today. Though action has been primarily in small lots, overall call volume is now running at 2.49x the daily average with 99% of all calls traded being purchases on the offer. Crown Castle International Corp. owns, operates and leases towers and other wireless infrastructure, including distributed antenna system networks in the United States and rooftop installations.