Calls Purchased on Southern Union Company

Shares of Southern Union Company SUG are higher on the session by 17.64%, currently trading at $33.24. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. Though action has been primarily in small lots, overall call volume is now running at 32.75x the daily average with 91% of all calls traded being purchases on the offer. Southern Union Company is engaged in the gathering, processing, transportation, storage and distribution of natural gas in the United States. The company owns and operates assets in the regulated and unregulated natural gas industry.