Calls Purchased on Comcast Corporation (CMCSK)

Shares of Comcast Corporation CMCSK are higher on the session by 4.37%, currently trading at $21.02. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and the 200-day moving averages. Options traders are buying calls on the name today. A short while ago the January 2011 $20.00 call was purchased 5,000 times, on the offer, on open interest of 9,072 contracts and the Jan $21.00 call was purchased 2,800 times on open interest of 3,693 contracts. Overall call volume is now running at 23.50x the daily average with 98% of all calls traded being purchases on the offer. Comcast Corporation is a provider of video, high-speed Internet and phone services, offering a variety of entertainment, information and communications services to residential and commercial customers. As of December 31, 2009, the company's cable systems served approximately 23.6 million video customers, 15.9 million high-speed Internet customers and 7.6 million phone customers and passed over 51.2 million homes and businesses in 39 states and the District of Columbia.