Calls Purchased on Health Net (HNT)

Shares of Health Net Inc. HNT are higher on the session by 1.63%, currently trading $26.17. The stock has been a relative outperformer as of late and is nearing an all-time high. Calls are being bought on the name today with the June $27.50 call bought 1,750 times on open interest of just 595 contracts. This signals new, bullish activity. Call action on the name is running at 4.53x the daily average with 80% of all calls traded being purchases on the offer. Health Net, Inc., is an integrated managed care organization that delivers managed health care services through health plans and government-sponsored managed care plans.