Shares of Williams Sonoma Inc. WSM are lower on the session by 3.66%, currently trading at $27.41. The stock has been moving largely higher over the past four weeks, but has encountered resistance around $28.00.
Options traders are buying calls on the name today. The August $30 call was purchased 2,100 times, on the offer, on open interest of 5,312 contracts. Call volume is now running at 4.29x the daily average.
Williams-Sonoma, Inc. is a specialty retailer of products for the home. The retail segment of the company's business sells its products through its five retail store concepts: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Williams-Sonoma Home.
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