Calls Purchased on Health Net (HNT)

Shares of Health Net Inc. HNT are lower on the session by 0.27%, currently trading at $25.77. The stock has been moving largely higher over the past four weeks and is now trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. The January 2011 $30 call was purchased 1,200 times, on the offer, earlier in the session; open interest on the name is 1,974 contracts. Put volume is now running at 3.05x the daily average. Health Net, Inc. is an integrated managed care organization that delivers managed health care services through health plans and government-sponsored managed care plans.