JCP – Update

Some of you are bragging to me that you got a better fill price on JCP.  😉

Almost immediately after I sent out the entry, JCP fell 2.5% in 2 minutes.  Since then the stock has rebounded and will still end the day with gains but the options are down 20% from my entry price.  Since there is no obvious news on traditional channels and JCP technicals are still in bullish parameters, I am holding.  I will update you further on any news that comes down the wires.

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

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