Calls Purchased on AnnTaylor Stores (ANN)

Shares of AnnTaylor Stores ANN are higher on the session by 2.07%, currently trading at $24.12. The stock had been moving largely higher over the past six months, but recently came under selling pressure and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the January 2011 $26.00 call was purchased 2,000 times, on the offer, on open interest of 2,623 contracts. Overall call volume is now running at 2.04x the daily average with 93% 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.