Calls Purchased on Gymboree Corp. (GYMB)

Shares of Gymboree Corp. GYMB are lower on the session by 2.07%, currently trading at $41.66. The stock has been moving largely sideways for the past three months after a sell off in early May. Options traders are buying calls on the name today. The August $42.00 call was purchased, on the offer, 1,750 times; there was no open interest on the strike, which signals new, bullish positioning on the name. Call volume is now running at 6.23x the daily average. The Gymboree Corporation is a specialty retailer operating stores selling apparel and accessories for children under the GYMBOREE, GYMBOREE OUTLET, JANIE AND JACK and Crazy 8 brands, as well as play programs for children under the GYMBOREE PLAY & MUSIC brand.