Calls Purchased on Healthspring Inc. (HS)

Shares of Healthspring Inc. HS are higher on the session by 2.15%, currently trading at $17.60. The stock has been moving largely lower over the past six months, though has breeched the 50-day and 200-day moving averages to the topside as of late. Options traders are buying calls on the name today. The September $20.00 call was purchased 2,000 times, on the offer, a short while ago; open interest on the strike is 2,469 contracts. Call volume is currently running at 53.48x the daily average. HealthSpring, Inc. is a managed care organization with a primary focus on Medicare, the federal government-sponsored health insurance program for United States citizens aged 65 and older, qualifying disabled persons and persons suffering from end-stage renal disease.