Calls Purchased on DISH Network

Shares of DISH Network DISH are lower on the session by 3.99%, currently trading at $21.68. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the December 2011 $29.00 call traded 1,250 times on open interest of 1,536 contracts. Overall call volume is now running at 2.40x the daily average with 100% of all calls traded being purchases on the offer. DISH Network Corporation is a pay-television provider, with approximately 14.133 million customers across the United States as of December 31, 2010.
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Posted In: OptionsBroadcasting & Cable TVConsumer Discretionary
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