Calls Purchased on Chico’s FAS (CHS)

Shares of Chico’s FAS Inc. CHS are higher on the session by 0.43%, currently trading at $9.44. The stock has been moving largely lower over the past three months, off from recent highs near $16.50. Options traders are buying calls on the name today. The August $10.00 call was purchased 3,500 times, on the offer, a short while ago; open interest on the strike is 1,193 contracts. The trade went off in a single block for $0.30. Call volume is now running at 4.34x the daily average. Chico's FAS, Inc. is a specialty retailer of private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items under the Chico's, White House |Black Market and Soma Intimates brand names.