JCP Call Entry

Buying 40 FEB 19 calls on JCP for 1.00.  JCP opened below the 7 day moving average and is trading above into the close.  Call volumes for February are strong so I structured the trade in a similar, but slightly less risky way than BAC.

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Posted on February 11, 2013, in Jeffs 3k-100k. Bookmark the permalink. Leave a comment.

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