Calls Purchased on American Eagle Outfitters (AEO)

Shares of American Eagle Outfitters AEO are higher on the session by 1.98%, currently trading at $15.95. The stock has been moving largely higher over the past three 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 $16.50 call was purchased 8,000 times, on the offer, on open interest of 5,214 contracts. Overall call volume is now running at 5.62x the daily average with 67% of all calls traded being purchases on the offer. American Eagle Outfitters, Inc. offers on-trend clothing, accessories and personal care products. It operates under the American Eagle, aerie by American Eagle, 77kids by american eagle and MARTIN+OSA brands.