Ann Taylor Stores Corp (ANN) $23.13 +6.59%
Ann Taylor (ANN) is up $1.43 to $23.13 and June call options are seeing some interest today. 3430 Jun 22.5s traded (100 percent Ask). Another 1346 Jun 25s changed hands (also Ask). Looks like buyers using sweep routers to buy calls and open new positions. ISEE data hint at non-customer or firm buyer. Implied volatility is up about 3 percent to 62. It might be an earnings play, due around May 21.
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.
