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 Sell to close the January 20, 2017 PVH (formerly Phillips Van Heusen) put with a strike of 95 for $4.20 or higher for a 68% gain. Symbol (PVH170120P95)After a less than stellar report in early December PVH is finally starting to crack.The stock may drift lower but a close to 70%… Read More

Buy to open the January 20, 2017 call on NVS with a strike price of $72.50 at $1.20 or lower. Symbol (NVS170120C72.5)This is a medium-range, bullish call on Novartis, which will be presenting at several brokerage conferences in early January. Tax loss selling on pharmaceutical stocks should be close to… Read More

Brunswick (NYSE: BC) shot up 10% last week under the rising tide of strong consumer confidence. The stock is up 35% since my purchase but is still below my $67 target. Investors won’t have a great read on demand until the company reports its fourth quarter earnings at the end… Read More

Sell Vera Bradley (NYSE: VRA) I’ve been more than patient giving Vera time to garner higher sales and profits from its new line of bags. While there have been a few quarters of success, the company’s guidance for a huge… Read More

Name: Impinj (NSDQ: PI)Target: $45Buy up to: $38Catalyst: New retail customers adopting the company’s tag based inventory tracking software. Amazon’s new no check out grocery concept is the perfect scenario to use Impinj’s system.Seattle-based Impinj helps companies keep track of their inventory. The company’s radio frequency platform wirelessly tracks items… Read More

Sell to close  the January 20, 2017 put on Dave and Buster’s Entertainment (NSDQ:PLAY) with a strike price of $45 at 20c or higher. Symbol (PLAY170120P45)Dave and Busters reported a turnaround in comp sales, beating third quarter estimates and increasing fourth. Newly introduced exclusive video games drew in a large… Read More

A quick note about some of my recent put positions which have been closed at losses. Short selling can be full of bitter pills and we’ve swallowed a couple over the past week. While it is always my intention to find profitable trades, option trades magnify any market move against… Read More

Sell to close the January 20, 2017 put on BIG with a strike price of $42.5 at 24c or higher. Symbol (BIG170120P42.5)Big Lots reported 3c for the third quarter, 4c better than the one penny loss expected and raised annual guidance by that amount. Revenue, however, missed estimates with comp… Read More

Name: Vulcan Materials (NYSE: VMC)Target: $165Buy Up to: $140Theme: Infrastructure spending.Catalyst: Funding from the  Federal Highway Bill (the FAST act) is driving new orders for the company’s paving materials. Another $200 billion of transportation funding was approved on November ballots, turning on the spigot of new projects for the next few… Read More

Sell to close the January 20, 2017 puts on L Brands with a strike price of $68.5 at $1.45 or higher. Symbol (LB170120P68.5)Despite L Brands issuing negative news in its third quarter earnings release two weeks ago and on its November sales report today, the stock is trading higher. When I… Read More