Notable Call Options Activity in Scripps Networks Interactive

Shares of Scripps Networks Interactive SNI are higher on the session by 2.00%, currently trading at $42.93. 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 focusing on calls today. A short while ago the December 2011 $45.00 call traded 1,000 times on open interest of 68 contracts. The Dec2011 $50.00 call also traded 1,000 times on 146 contracts. This appears to be a long call spread. Calls are outpacing puts today by 200 to 1. Scripps Networks Interactive, Inc. is a lifestyle content and interactive services company with television and interactive brands.