Shares of Foot Locker, Inc. FL are higher on the session by 1.22%, currently trading at $24.11. The stock has been moving largely higher over the past four months and is currently trading above the 50-day moving average.
Options traders are buying calls on the name today. A short while ago the July 2011 $25.00 call traded 2,000 times on open interest of 1,237 contracts.
Overall call volume is now running at 5.07x the daily average with 87% of all calls traded being purchases on the offer.
Foot Locker, Inc. is a global retailer of athletic footwear and apparel. As of January 30, 2010, the company operated 3,500 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand.
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