Bullishcharts

Options imply upside In L Brands into Earnings

Long
NYSE:LB   None
Entry level $16.40 = Target price $18.00 = Stop loss below long term support.
Highlighted on Today's Half time report on CNBC, they traders are buying call in LB going into earnings tonight.
There is particularly high open interest at the $20 level down to the $17.50
It is unusual that so many call options are traded give the stock is having such a terrible 2019 and retail is a hit and miss sector this week.
P/E ratio 7.88
Yield 7.39%
Short interest 8.33%

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