Upside Purchased on Scripps Networks (SNI)

Shares of Scripps Networks Interactive SNI are higher on the session by 0.31%, currently trading at $45.46. The stock has been moving higher over the past six months and the stock is now nearing a fresh 52-week high. Options traders are betting that SNI could break out to the upside. The September $50 call was purchased 1,020 times, on the offer, for $1.15 a short while ago; open interest on the strike is 2,665 contracts. Call volume is now running at 9.70x the daily average. Scripps Networks Interactive, Inc. (SNI) is a lifestyle content and interactive services company with television and interactive brands. The Company manages its operations through two operating segments: Lifestyle Media and Interactive Services.