GAP INC DEL

Another retailer another potential sweet looking base pattern.

High implied volatility rank, high implied volatility, earnings/volatility contraction play ... . Metrics: Max Profit: $203/contract Max Loss/Buying Power Effect: $197/contract Break Evens: 22.97/27.03 Delta: -6.38 Theta: 2.03 Notes: I'll shoot to take this off at 25% max profit ... .

Living like this for tonight

wise and pseudo-wise

vastly different probability

One of the few earnings plays this season that meets my >70 implied volatility rank, >50 implied volatility criteria -- GPS. It announces on Thursday after market hours, but I won't have time to fiddle with it then, so I'm shooting for a fill here. I looked at both an iron condor and a short strangle, but those didn't have enough juice in them to make them ...

diversify between short and long- see our book on amazon for reasons why same name retail weak macys report bad-money flow decreasing-cci and percent r at bottom-buy stop 50

Stop buy @ 30.40 . Target 34

GPS bullish, may continue bullish

Sales productivity today (blended) is in excess of $400/foot. In past recessions it's dropped down closer to $360/foot. And on a go-forward basis, with increasing competition from Uniqlo, H&M, and not to mention little ol' Primark, we think that GPS is just structurally unable to compete -- especially at a 12%+ margin structure when we're late in the economic ...

The break of $39.50 after post-earnings dip suggests potential upside to test $42 and may suit an OTM bought call. There may be some resistance at $41 so a trade for those who are nimble. Tight trail on move up

Gap Inc. (Daily). 1 year Double Top. ( 8/13 - 8/14). Gapped down on heavy volume. breaking 200 sma, just under Wedge, breaking the 2011 uptrend_line. Potential Wolfe Waves 5 ( nested ). Vs S&P500 broke down, under support. Under_performing. Weak Oversold bounce. 52wk Range : 35.46 - 46.85 (F) Total Revenue, seems to have stalled, Free Cash flow may be at risk, ...

The Gap, Inc. operates as an apparel retail company worldwide. It provides apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy. Yesterday we saw a HUGE bullish bet in GPS to the upside as a trader bought 4,000 GPS May 40 Calls for $.59 and I jumped in on these Calls as the price was through the ...

Brand perception = identity crisis for GPS. No certainty in turnaround under a new name - whoever decided to use "*OLD* Navy" in the business of selling... youth... to China...? It's dropped drastically in the past, why not again.

Notes on chart