Notable Call Options Activity in Liz Claiborne

Shares of Liz Claiborne LIZ are higher on the session by 2.25%, currently trading at $8.18. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average. Options traders are focusing on calls today. The strike seeing the heaviest volume is the January 2012 $8.00 call, which has traded 4,000 times on open interest of 6,518 contracts. The Jan2012 $9.00 call also traded 1,400 times on 6,293 contracts. Calls are outpacing puts today by 37 to 1. Liz Claiborne, Inc. designs and markets a portfolio of retail-based brands, including JUICY COUTURE, KATE SPADE, LUCKY BRAND and MEXX.