Shares of Aeropostale, Inc. ARO are higher on the session by 0.76%, currently trading at $17.28. The stock has been moving largely lower over the past five months and is currently trading below the 200-day moving average.
Options traders are buying calls on the name today. A short while ago the August 2011 $20.00 call traded 5,000 times on open interest of 190 contracts.
Overall call volume is now running at 3.41x the daily average with 98% of all calls traded being purchases on the offer.
Aeropostale, Inc. is a mall-based specialty retailer of casual apparel and accessories. The company designs, markets and sells its own brand of merchandise principally targeting 14 to 17 year-old young women and young men.
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