Calls Purchased on AnnTaylor Stores (ANN)

Shares of AnnTaylor Stores ANN are higher on the session by 5.57%, currently trading at $23.89. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and the 200-day moving averages. Options traders are buying calls on the name today. A short while ago the November $25.00 call was purchased 5,000 times, on the offer, on open interest of only 521 contracts. This signals new positioning on the strike. Overall call volume is now running at 10.54x the daily average with 95% of all calls traded being purchases on the offer. AnnTaylor Stores Corp., through its wholly owned subsidiaries, is a specialty retailer of women's apparel, shoes and accessories sold primarily under the Ann Taylor and LOFT brands. Its Ann Taylor and LOFT stores offer a range of career and casual separates, dresses, tops, weekend wear, shoes and accessories.