Call Volume Surges in Molina (MOH)

Shares of Molina Healthcare Inc. (NYSE: MOH) are off by 0.96% today, currently trading $29.03. The stock is now nearing its recent 52-week high of $30.11 and one trader is betting the stock breaks through to the upside.

The December $40 call was purchased on the offer 1,350 times for $0.95 a short while ago. There was no open interest on that strike.

Molina Healthcare’s call volume is now running at 36.86x the daily average with 100% of all calls traded being purchases on the offer.