Calls Purchased on Sonus Networks (SONS)

Shares of Sonus Networks Inc. SONS are higher on the session by 3.61%, currently trading at $3.16. The stock has been moving largely higher over the past six months, trading near its 52-week high set earlier in the session. Options traders are buying calls on the name today. The September $3.00 call was purchased 1,600 times, on the offer earlier in the session; open interest on the strike is 2,852 contracts. Call volume is now running at 3.03x the daily average. Sonus Networks, Inc. is a provider of voice, video and data infrastructure solutions for wireline and wireless telephone service providers. The company's products include infrastructure equipment and software that enable voice services to be delivered over Internet protocol networks.