OptionsHouse

Options Trading News

November 20, 2013  Wed 7:34 AM CT

JCP: SEE CHART GET CHAIN FIND STRATEGIES

Business Seen Turning Around

J.C. Penney reported a wider-than-expected third-quarter loss, but management said sales trends are encouraging so far in November. That offers hope the struggling retailer is ready for a turnaround. JCP climbs 9 percent before the opening bell on my tradeMONSTER platform.

Lowe's Drops on Weak Profit

Lowe's earned $0.47 a share in the third quarter, missing the $0.48 average analyst estimate. Sales beat expectations, but margins are under pressure and profit guidance was light. LOW falls 3 percent in the pre-market.

Goldman upgrades Priceline.com

Priceline.com was upgraded to "conviction buy" at Goldman Sachs, which sees increased opportunities from an improving European economy. The price target was raised to $1,500 from $1,250. PCLN climbs another 3 percent in early trading.

Share this article with your friends


Related Stories

JCP

J.C. Penney call buyers back for more

June 3, 2016

The department-store operator is down 26 percent in the last three months, but traders are snapping up calls in the name for the second week in a row.

OptionsHouse

Premium Services

Education & Strategy

The Movement of Delta

In our last column, we spoke about delta. You might remember that we discussed what delta was and what factors affected or changed delta. As you recall, we stated that three factors will have an effect on delta. They were movements of time, volatility, and underlying price. Today, we want to take a further look into the change of delta, this time focusing on change due to the movement in the underlying price. 

View more education articles »