Notable Call Options Activity in Scripps Networks Interactive
By Michael J. Zerinskas
August 31, 2011 10:47 AM
August 31, 2011 10:47 AM
Shares of Scripps Networks Interactive (NYSE: SNI) are higher on the session by 2.00%, currently trading at $42.93. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. A short while ago the December 2011 $45.00 call traded 1,000 times on open interest of 68 contracts. The Dec2011 $50.00 call also traded 1,000 times on 146 contracts. This appears to be a long call spread.
Calls are outpacing puts today by 200 to 1.
Scripps Networks Interactive, Inc. is a lifestyle content and interactive services company with television and interactive brands.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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