Limited Brands Inc (LTD) $25.51 -0.86%

| April 6, 2010 | 0 Comments More

Opening put buyers in The Limited (LTD) ahead of March same store sales numbers. The company will broadcast results Thursday at 7:30 ET. Shares are down 19 cents to $25.54 today and April 25 puts are the most actives. 3388 traded (99% Ask) and implied volatility is up 4 percent to 33. Another 1000 May 25 puts changed hands. Volume exceeds open interest in both contracts and ISEE data (at 97% or 2120 puts on the ISE) confirm that customers are buying-to-open new positions ahead of the news.

Category: All Stocks, Mid Cap Stocks, Retail

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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.

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