Me not having fun today. Holding May 24 18.5 puts not looking good.
JCP on the road to bankruptcy but trending higher today? Makes no sense.
Somebody please explain to me why JCP is not dropping towards $14 after that lousy earnings report last week?
Sentiment: Strong Sell
Iphone 5 blows but AAPL went from 600 to 700. Early shorts get burned. Your puts are toast. I'd say July or Aug puts is a better play. Honeymoon with the new CEO will probably last a bit longer.