USEC Inc. Explodes Higher; Calls Active

Shares of USEC Inc. USU are markedly higher on the session by 18.16%, currently trading $5.01. The company announced today that Toshiba would be buying a $100 million stake in the company. I am detecting call buying in the name as well with the June $5 call purchased over 3,600 times today; open interest on the strike is only 389 contracts, which suggests new, bullish positioning. USEC Inc. a global energy company is a supplier of low enriched uranium (LEU) for commercial nuclear power plants.