Calls Purchased on HealthSpring

Shares of HealthSpring HS are lower on the session by 4.43%, currently trading at $42.50. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the September 2011 $45.00 call traded 1,000 times on open interest of 5,280 contracts. Overall call volume is now running at 4.36x the daily average with 97% of all calls traded being purchases on the offer. HealthSpring, Inc. is a managed care organization operating in the United States whose primary focus is Medicare, the federal Government-sponsored health insurance program primarily for United States citizens aged 65 and older, qualifying disabled persons, and persons suffering from end-stage renal disease.