Macy's- Earnings

Macy's earnings report will probably be disappointing like most retailers this year. Looking to short.

Commento:

Surprising enough earnings were great and it broke the 18.40 level.
Bullish to 19.35 resistance area

Trade attivo:

Stock shows signs from past experience it runs up until Thanksgiving. Nov 24 calls, mabye?
www.tradingview.com/chart/qdsgQKUt/

Trade chiuso: obiettivo raggiunto:

Closed Option for 40% ROI
Macy's had a 14% gain on the day - too much for one day, wait for a pull back to possibly enter for November.