Calls Purchased on The Children's Place (PLCE)

Shares of The Children's Place Retail Stores, Inc. PLCE are higher on the session by 0.83%, currently trading at $49.90. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the January 2011 $50.00 call was purchased 2,400 times, on the offer, on open interest of only 1,818 contracts. This signals new positioning on the name. Overall call volume is now running at 5.16x the daily average with 80% of all calls traded being purchases on the offer. The Children's Place Retail Stores, Inc. operates as a children's specialty apparel retailer in North America. The company provides apparel and related accessories for children from newborn to 10 years of age. It designs, contracts to manufacture, and sells apparel and accessories and other children's-oriented merchandise under The Children's Place brand name.