Calls Sold on Overstock.com (OSTK)

Shares of Overstock.com Inc. OSTK are lower on the session by 2.17%, currently trading at $18.00. The stock has been trading largely lower over the past three months, off from recent highs near $26.50. Options traders are selling calls on the name today. The August $17.50 call was sold 1,350 times, on the bid, a short while ago; open interest on the strike is 1,737 contracts, which likely signals that a long call position was closed out. Call volume is currently running at 3.01x the daily average. Overstock.com, Inc. is an online retailer offering closeout and discount brand and non-brand name merchandise, including bed-and-bath goods, home décor, kitchenware, watches, jewelry, electronics and computers, sporting goods, apparel, and designer accessories, among other products.