Calls Purchased on Alaska Communications Systems Group (ALSK)

Shares of Alaska Communications Systems Group ALSK are higher on the session by 3.73%, currently trading at $10.15. The stock has been moving largely higher over the past three months and 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 April 2011 $10.00 call was purchased 8,200 times, on the offer, on open interest of 16,063 contracts.

Overall call volume is now running at 9.92x the daily average with 98% of all calls traded being purchases on the offer.

Alaska Communications Systems Group, Inc. provides integrated communications services in Alaska. The company's wireline and wireless communications networks extend throughout Alaska and connect to the Lower 48 states via its two diverse undersea fiber optic cable systems.