Calls Sold on Foot Locker (FL)

Shares of Foot Locker Inc. FL are lower on the session by 4.67%, currently trading at $13.48. The stock has been moving largely lower over the past four months and is in a technical downtrend. Options traders are selling calls on the name today. The August $15.00 call was sold 5,000 times, on the bid, earlier in the session; open interest on the strike is 6,562 contracts. This is more than likely a closing transaction. Call volume is now running at 10.15x the daily average. Foot Locker, Inc. is a global retailer of athletic footwear and apparel. As of January 30, 2010, the company operated 3,500 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand.