Calls Purchased on Foot Locker (FL)

Shares of Foot Locker FL are flat on the session, currently trading at $13.60. The stock has been moving largely lower over the past three months, but appears to be in a bottoming pattern. Options traders are buying calls on the name today. The August $15.00 call was purchased 2,000 times, on the offer, a short while ago; open interest on the strike is 2,242 contracts. Call volume is now running at 20.39x the daily average. 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.