Calls Purchased on Children’s Place (PLCE)

Shares of The Children’s Place Retail Stores PLCE are lower on the session by 1.36%, currently trading at $43.56. The stock has been moving largely sideways for the past four months, hovering around the 50-day moving average. Options traders are buying calls on the name today. The August $40.00 call was purchased 2,200 times, on or near the offer, earlier in the session; open interest on the strike is only 13 contracts. Call volume is now running at 10.57x the daily average. The Children's Place Retail Stores, Inc. is a pure-play children's specialty apparel retailer in North America. It provides apparel and related accessories for children from newborn to ten years old. It designs, contracts to manufacture and sells merchandise under the The Children's Place brand name.