Retail
Ann Inc (ANN) $30.88 +2.56%
Ann Taylor (ANN) adds 91 cents to $31.02 and, when the stock was still trading near $30.50 this morning, 2660 Feb 31 calls traded on the stock for 67 cents per contract. Less than 30 minutes later, several smaller lots printed for 90 cents per contract. 5,134 now traded against 1,625 in open interest and [...]
H and R Block Inc (HRB) $23.11 +0.83%
H&R Block (HRB) adds a dime to $23.02 and is moving to new 52-week highs Wednesday. Recent options trades on the tax preparation company include a sweep of 16,721 Jan 30 calls for an average of 27.5 cents on AMEX when the market was 15 to 30 cents. 20,000 now traded against no open interest. [...]
Staples Inc (SPLS) $13.67 +0.07%
A total of 30,000 10% out of the money Sep 15 calls were bought this morning just after 1025am for an avg price of 75cents as shares traded near 13.63, opening a new 2.2million premium position with nearly a million shares of delta to hedge. This trade is nearly 7x the typical daily call volume [...]
RadioShack Corp (RSH) $3.09 +17.05%
Radioshack (RSH) is up 41 cents to $3.06 in very active trading of 10.5 million shares and heading to session highs. The stock is on a two-day 33 percent tear, but with no obvious headlines to explain the strength. In options action, 10,000 calls and 3,700 puts traded in RSH today, which represents 5X the [...]
PetSmart Inc (PETM) $63.99 -8.57%
Petsmart (PETM) shares are in the doghouse today, falling $5.87 to $64.12, after Nomura downgraded the stock to Reduce and slashed its price target by $17 to $55. Trading is brisk. 4.8 million shares so far, which is 10X the expected. Meanwhile, 12,000 puts and 3,342 calls traded on Petsmart. The top trade is a [...]
Bulls Bet on Bed Bath and Beyond (BBBY)
Bed, Bath and Beyond (BBBY) drops $1.70 to $58.08 after Goldman whacked the retailer with a Sell rating. Some players in the options market seem to view today’s dip as an opportunity. 21,000 calls and 3,000 puts traded on the stock so far, a ratio of 7-to-1. Mach 62.5 calls are the most active. 10,610 [...]
H and R Block Inc (HRB) $22.64 +1.39%
H&R Block (HRB) is up 31 cents to $22.64 and it looks like an Apr 20 – 25 bullish risk-reversal is bought on the stock, for even money, 10610X, to open. Doesn’t appear tied to stock. The combo will expire on April 20, five days after the deadline for 2012 individual tax returns.
Staples Inc (SPLS) $13.24 +2.08%
Staples (SPLS) adds 26 cents to $13.23 and a sweep of 1,600 Jun $14 calls printed on the office supplies retailer for 65 cents per contract at 10:28, followed by an 8,300-lot for 70 cents on ISE, then a sweep of 2,600 for 70 cents. 12,590 SPLS June $14 calls traded against 2,002 and ISEE [...]
Chicos FAS Inc (CHS) $18.08 +2.61%
Clothing maker Chicos is seeing elevated call volume for the third straight day as shares lift nearly 3% to $18.13 the upper third of the $11.41-19.64 52wk range. Flow yesterday was dominated by May 18 call buyers paying 1.25 for nearly 2400 contracts when shares were near 17.61, and today we see the same contract [...]
Guess Inc (GES) $26.09 -0.97%
Guess (GES) is off 23 cents to $26.11 and possibly seeing some weakness in sympathy with Coach (COH), which is down 15.3 percent in the wake of its earnings results. In options action, a sweep of 1600 Mar 26.8 calls trades on Guess at 10:00 for $1.10 and another 1,453 contracts forty minutes later for [...]
