Calls Purchased on USEC Inc. (USU)

Shares of USEC Inc. USU are higher on the session by 7.92%, currently trading at $5.59. The stock has been moving largely sideways over the past six months, though it is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the December $6.00 call was purchased 3,000 times, on the offer, on open interest of just 323 contracts. This signals new positioning on the name. The Nov and Jan 2011 $6.00 calls are also active. Overall call volume is now running at 5.80x the daily average with 88% of all calls traded being purchases on the offer. USEC Inc., a global energy company is a supplier of low enriched uranium for commercial nuclear power plants. USEC supplies LEU to both domestic and international utilities for use in about 150 nuclear reactors globally. It provides transportation and storage systems for spent nuclear fuel and provide nuclear and energy consulting services.