Option traders appear to be setting up for a bullish move on CA Technologies (CA). Traders plowed into 4,799 new call option contracts -- 13.87 times the average volume -- on the stock on Thursday. And we know that traders were eager to get into this trade because 98% of the trades came in on the "ask" price.

CA Technologies closed Thursday at $18.13. The stock has dropped 7.64% during the past month, but it is currently sitting at support just above $18.

Universal Health Services (NYSE: UHS) is one of the largest for-profit hospital firms in the United States. It owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers across the country. The facilities provide general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric care, pharmacy, and behavioral health services. Competitors include Community Health Systems (NYSE: CYH) and Tenant Healthcare (NYSE: THC).

The company pleased investors last week, when it reported Q4 EPS of 74 cents. That was four cents above the average Street estimate. Revenues of $1.19 billion effectively matched the analyst view. Management also guided FY08 EPS to $3.37-$3.42 ($3.37 consensus). Deutsche Securities subsequently reiterated its "buy" rating on the shares and boosted its price target to $63.