Childrens Place Retail Stores Inc (PLCE) $20.43 +1.95%
Children’s Place (PLCE, news, chart, volatility) shares are up 36 cents to $20.40 and volume in the options market is running at three times the average daily levels, with June 35 calls leading the order flow. 1,868 contracts recently traded for 95 cents. With a bid-ask of 80 to $1.25 and open interest of 96, it could be an opening call write. The contract sits 71.7 percent out-of-the-money.
Category: All Stocks, Retail, Small Cap Stocks
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
