Looks like upside call buying in Express Inc (EXPR) ahead of Mar 7 (before market) earnings release. Shares are up 46 cents to $24.65 and Mar 25s are the most actives. 840 traded. Another 138 Apr 25s changed hands and implied volatility in options on the Columbus, OH apparel retailer is moving up 11 percent to 47.
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.