Calls Purchased on The Children's Place Retail Stores (PLCE)
April 21, 2011 1:00 PM
Shares of The Children's Place Retail Stores (NASDAQ: PLCE) are lower on the session by 0.29%, currently trading at $54.41. The stock has been moving largely higher over the past four 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 May 2011 $55.00 call was purchased 1,200 times, on the offer, on open interest of 559 contracts.
Overall call volume is now running at 5.89x the daily average with 94% of all calls traded being purchases on the offer.
The Children's Place Retail Stores, Inc. is a pure-play children's specialty apparel retailer in North America. It provides apparel and related accessories for children from newborn to ten years old. It designs, contracts to manufacture and sells merchandise under the The Children's Place brand name.
