Level 3 (LVLT) shares notch a new 52-week high of $1.93 today. The stock is up a dime to $1.89 and in the mist of a four-day 19 percent run higher. The stock’s upward trajectory has caught the attention of players in the options market. 9,130 calls and 900 puts traded in the Broomfield, CO communication services company. January 2013 $2 calls are the most actives. 1,570 traded (93 percent Ask). Jun 1.5, jun 2, Sep 1.5, and Sep 2 calls are seeing similar action. Shares are up today after HBO selected the company to deliver network services for the HBO GO Mobile app.

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