Calls Sold on Quest Diagnostics (DGX)

Shares of Qwest Diagnostics Inc. DGX are lower on the session by 0.39%, currently trading at $49.10. The stock has been moving largely lower over the past six months and is currently in a technical downtrend. Options traders are selling calls on the name today. The August $55 call was sold 2,000 times, near the bid, on open interest on 2,338 contracts. This looks like a closing transaction. Call volume is now running at 3.03x the daily average. Quest Diagnostics Incorporated is a provider of diagnostic testing, information and services. The company offers United States patients and physicians access to diagnostic testing services through its nationwide network of laboratories and company-owned patient service centers.
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Posted In: Short IdeasTechnicalsOptionsTrading IdeasHealth CareHealth Care Services
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