Options Brief: Hot Topic, Inc. (HOTT)

Shares of Hot Topic, Inc. HOTT are higher on the session by 0.75%, trading at $7.35. Overall call volume is now running at 2.68x the daily average, with 26% of all calls traded being purchases on the offer. 1,175 contracts have traded on the session so far. Hot Topic, Inc. is a mall and Web-based specialty retailer operating the Hot Topic and Torrid concepts, as well as the e-space music concept, ShockHound. It sells a selection of music/pop culture-licensed and music/pop culture-influenced apparel, accessories, music and gift items for young men and women principally between the ages of 12 and 22.