Calls Purchased on The Children's Place (PLCE)
December 29, 2010 11:14 AM
Shares of The Children's Place Retail Stores, Inc. (NASDAQ: PLCE) are higher on the session by 0.73%, currently trading at $49.97. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average.
Options traders are buying calls on the name today. A short while ago the January 2011 $55.00 call was purchased 1,200 times, on the offer, on open interest of 1,203 contracts.
Overall call volume is now running at 2.05x the daily average with 85% of all calls traded being purchases on the offer.
The Children's Place Retail Stores, Inc. operates as a children's specialty apparel retailer in North America. The company provides apparel and related accessories for children from newborn to 10 years of age.
