Calls Purchased on Ross Stores, Inc. (ROST)

Shares of Ross Stores, Inc. ROST are higher on the session by 1.08%, currently trading at $79.43. The stock has been moving largely higher over the past six 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 June 2011 $75.00 call was purchased 800 times, on the offer, on open interest of 1,051 contracts. Overall call volume is now running at 2.17x the daily average with 82% of all calls traded being purchases on the offer. Ross Stores, Inc. operates two chains of off-price retail apparel and home accessories stores. As of January 30, 2010, the company operated a total of 1,005 stores, of which 953 were Ross Dress for Less locations in 27 states and Guam and 52 were dd's DISCOUNTS stores in four states.