Calls Purchased on Liberty Global, Inc.

Shares of Liberty Global, Inc. LBTYA are lower on the session by 1.39%, currently trading at $41.18. The stock has been moving largely lower over the past two months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the June 2011 $42.00 call was purchased 7,000 times, on the offer, on open interest of 20 contracts. Overall call volume is now running at 11.24x the daily average with 99% of all calls traded being purchases on the offer. Liberty Global, Inc. is an international provider of video, broadband Internet and telephony services, with consolidated broadband communications and/or direct-to-home satellite operations.
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Posted In: OptionsBroadcasting & Cable TVConsumer Discretionary
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