caputo.philip
Short

JCP Opportunity

NYSE:JCP   PENNEY J C INC
106 1 3
Good short opportunity here. Price is trading in an obvious channel.
If you trade options this would be a good time for a put option.
I spend 2/3rds of my options capital for this trade on ITM             and the other 1/3rd on OTM options to increase my returns.

Please trade responsibly.
Options can carry a significant amount of risk and are therefore not suitable for every investor.