Calls Purchased on CBS Corporation (CBS)

Shares of CBS Corporation

are higher on the session by 1.11%, currently trading at $20.05. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the February 2011 $21.00 call was purchased 6,600 times, on the offer, on open interest of 4,729 contracts. Overall call volume is now running at 4.08x the daily average with 98% of all calls traded being purchases on the offer. CBS Corporation is a mass media company with operations in Entertainment, Cable Networks, Publishing, Local Broadcasting and Outdoor segments.