Notable Call Options Activity in Cablevision Systems

Shares of Cablevision Systems CVC are lower on the session by 0.76%, currently trading at $17.04. The stock has been moving largely lower over the past three months and is currently trading below at the 50-day average. Options traders are focusing on calls today. A short while ago the December 2011 $23 call traded 875 times on open interest of 570 contracts. Cablevision Systems Corporation, through its subsidiary, CSC Holdings, LLC, is a cable operator in the United States. Cablevision also operates cable programming networks, entertainment businesses, telecommunications companies and a newspaper publishing business.