Shares of Foot Locker, Inc. FL are higher on the session by 0.53%, currently trading at $20.74. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the May 2011 $20.00 call was purchased 4,200 times, on the offer, on open interest of only 4,206 contracts.
Overall call volume is now running at 4.91x the daily average with 81% of all calls traded being purchases on the offer.
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. The company, through its subsidiaries, operates in two segments: Athletic Stores and Direct-to-Customers.
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