Shares of Citi Trends Inc. CTRN are higher on the session by 0.62%, currently trading at $27.81. The stock has been moving largely lower over the past five months, with that slide accelerating as of late.
Options traders are buying puts on the name today. The August $25.00 put was purchased 2,000 times, on the offer, for $0.50 a short while ago; open interest on the strike is only 73 contracts. This signals new positioning on the name.
Put volume is now running at 80x the daily average.
Citi Trends, Inc. is a retailer of urban fashion apparel and accessories for the entire family. It offers branded apparel from nationally recognized brands, as well as private label apparel and a limited assortment of home decor items.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in