Purely speculative long for portfolio. Only buying Dec. $10 calls vs today's low (risk defined). Looks like a false breakdown from the bullish descending wedge.
Not going to touch common shares. 5Y CDS on JCP is still high. If markets were to break down hard to see how JCP would hold up.
Not going to touch common shares. 5Y CDS on JCP is still high. If markets were to break down hard to see how JCP would hold up.