Puts Sold On Buckle (BKE)

Shares of Buckle Inc. BKE are off slightly today, currently at $35.50, down 0.14%. The stock fell in May, but seems to have found support around the $33.50-34.00 level. One trader is drawing a line in the sand for the name by selling the July $30 put 1,000 times for $0.60. There is no open interest on the strike. Put volume is now running at 2.87x the daily average. The Buckle, Inc. is a retailer of casual apparel, footwear, and accessories for fashion conscious young men and women. As of January 30, 2010, the Company operated 401 retail stores in 41 states throughout the continental United States under the names Buckle and The Buckle.