Calls Purchased on CenturyLink, Inc. (CTL)

Shares of CenturyLink, Inc. CTL are lower on the session by 1.01%, currently trading at $40.76. The stock has been moving largely lower over the past three months and is currently trading between the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the January 2012 $45.00 call was purchased 1,500 times, on the offer, on open interest of 4,166 contracts. Overall call volume is now running at 2.01x the daily average with 93% of all calls traded being purchases on the offer. CenturyLink, Inc., formerly CenturyTel, Inc., together with its subsidiaries, is an integrated communications company engaged primarily in providing a range of communications services, including local and long distance voice, wholesale local network access, high-speed Internet access, other data services and video services.