Calls Purchased on Aeropostale, Inc.

Shares of Aeropostale, Inc. ARO are higher on the session by 0.76%, currently trading at $17.28. The stock has been moving largely lower over the past five months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the August 2011 $20.00 call traded 5,000 times on open interest of 190 contracts. Overall call volume is now running at 3.41x the daily average with 98% of all calls traded being purchases on the offer. Aeropostale, Inc. is a mall-based specialty retailer of casual apparel and accessories. The company designs, markets and sells its own brand of merchandise principally targeting 14 to 17 year-old young women and young men.