Notable Call Options Activity on EarthLink
Shares of EarthLink (NASDAQ: ELNK) are lower on the session by 1.10%, trading at $6.32. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest action is the January 2012 $7.00 call, which has traded 1,200 times on open interest of 7,953 contracts.
Call volume is outpacing put volume by 4 to 1.
EarthLink, Inc. provides a suite of communications services to individual and business customers. The company operates two segments: Consumer Services and Business Services.
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