Calls Purchased on Dish Network (DISH)

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Shares of Dish Network Corp.
DISH
are higher on the session by 1.78%, currently trading at $20.64. The stock has been moving largely higher over the past four weeks, off from a recent low of $17.75. Options traders are buying calls on the name today, betting that the stock can rally further from here. The August $20.00 call was purchased 1,500 times, on the offer, earlier in the session; open interest on the name is 2,189 contracts. Call volume is now running at 4.65x the daily average. DISH Network Corporation is a pay-television provider across the United States. The company provides programming, which includes more than 280 basic video channels, 60 Sirius Satellite Radio music channels, 30 movie channels, 35 regional and specialty sports channels, 2,500 local channels, 220 Latino and international channels, and 50 channels of pay-per-view content.
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