Calls Purchased on Family Dollar Stores, Inc.

Shares of Family Dollar Stores, Inc. FDO are lower on the session by 0.10%, currently trading at $52.20. The stock has been moving largely higher over the past four months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the October 2011 $49.00 call was purchased 5,300 times, on the offer, on open interest of 65 contracts. Overall call volume is now running at 5.66x the daily average with 99% of all calls traded being purchases on the offer. Family Dollar Stores, Inc. operates a chain of more than 6,800 general merchandise retail discount stores in 44 states, providing primarily consumers with a selection of priced merchandise in neighborhood stores. its merchandise assortment includes consumables, home products, apparel and accessories, and seasonal and electronics.