Aeropostale Bulls Bet on Big Quarter

Investors expect some good numbers when Aeropostale reports earnings tonight.

optionMONSTER’s Heat Seeker tracking program detected the purchase of 2,370 December 16 calls, most of which priced for $0.34, against open interest of 1,472 contracts. The trade reflects a belief that the retail stock will leap north of $16 on the results.

ARO rose 5.6 percent to $14.06 in late morning trading. It cratered in August after same-store sales missed expectations but has been holding its ground since then. Investors are apparently expecting strong results tonight after other retailers, including Express and American Eagle, issued positive numbers today.

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