Limited Brands (NYSE: LTD) has been the center of some brisk options trading this afternoon, as more than 10,600 contracts have changed hands. This volume is nearly four times the equity's average daily trading volume, according to data from WhatsTrading.com. In addition, 99% of the volume has changed hands on the call side.

Looking at today's action, we find that the October 17.50 call has traded more than 4,800 contracts on open interest of 7,372 contracts. Meanwhile, the November 17.50 call has traded more than 1,500 contracts on open interest of 1,199 contracts. The November 20 call has also been active, with 3,200 contracts crossing the tape on open interest of 2,465 contracts.

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