Notable Call Options Activity in Chico's FAS

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Shares of Chico's FAS
CHS
are lower on the session by 0.38%, currently trading at $10.59. The stock has been moving largely lower over the past three 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 May 2012 $11.00 call, which has traded 2,700 times on open interest of 279 contracts. Calls are outpacing puts today by 96 to 1. Chico's FAS, Inc. is a specialty retailer of private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items under the Chico's, White House / Black Market and Soma Intimates brand names.
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