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Macy's, Inc. Message Board

  • clawsmeister clawsmeister Feb 27, 2012 1:41 PM Flag

    Complemented my M call position

    I just opened a May 40 put position for JCP which is aleady in the green.

    I don't see JCP imploding, but I think the hype has driven it up too high, and it will settle in the low-to-mid $30's.

    I now have my bets on an M call position and put positions for MSO and JCP.

    M is consolidating, and I expect a nice move into the 40's during March.

 
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