Options Brief: Level 3 Communications (LVLT)

Shares of Level 3 Communications LVLT are higher on the session by 4.75%, trading at $1.76. Overall call volume is now running at 2.71x the daily average, with 48% of all calls traded being purchases on the offer. 9,647 contracts have traded on the session so far. Level 3 Communications, Inc. is engaged in the communications business. The company is a facilities based provider of a range of integrated communications services.