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Shares of The Children's Place Retail Stores
PLCE are higher on the session by 2.40%, currently trading at $48.78. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the June 2012 $50.00 call, which has traded 3,000 times on open interest of 471 contracts.
Calls are outpacing puts today by 57 to 1.
The Children's Place Retail Stores, Inc. is a pure-play children's specialty apparel retailer in North America.
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