Calls Purchased on Dish Network (DISH)

Shares of Dish Network Corp. DISH are higher on the session by 0.44%, currently trading at $18.23. The stock has been trading lower over the past month and is now nearing support around $18.00. Options traders are betting that the level holds and are buying calls. The July $19.00 call was purchased 2,500 times, on the offer, on open interest of only 30 contracts. This signals new, bullish positioning on the name. Call volume is now running at 3.60x the daily average. DISH Network Corporation is a pay-television provider across the United States. The company provides programming, which includes more than 280 basic video channels, 60 Sirius Satellite Radio music channels, 30 movie channels, 35 regional and specialty sports channels, 2,500 local channels, 220 Latino and international channels, and 50 channels of pay-per-view content.