Dicks Sporting Goods To Rally? (DKS)

Shares of Dicks Sporting Goods Inc. DKS are selling off by 1.33% today, currently trading $27.76. The stock is seeing bullish call buying today with the May $27.50 call purchased over 4,500 times; open interest on the strike was only 2,043 contracts, signaling bullishness. The stock is struggling to hold the 50-day moving average, though the above trade would suggest that the stock holds the level. Dick's Sporting Goods, Inc. (Dick's) is a sporting goods retailer offering a range of brand name sporting goods equipment, apparel, and footwear in a specialty store environment.
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Posted In: Long IdeasTechnicalsOptionsTrading IdeasConsumer DiscretionarySpecialty Stores
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