Plunging Macy's Stock Prices
Equal Huge Gains
Trading Put Options
For Stock Options Made Easy (S.O.M.E)’s Cut-To-The-Chase Trader members, the sharp losses experienced by Macy's, Inc. (NYSE:M) have resulted in outstanding profit from trading put options.
On May 10, 2017, S.O.M.E sent a recommendation to their Cut-To-The-Chase Trader members, advising them to buy Macy’s put options at $1.15 prior to their results being reported the following day.
Following the reporting of results, the price for the put options climbed to $4.75 – representing a whopping 313% profit overnight. Depending on market performance, this put option price may continue to increase, for those members who have not yet cashed in on the immediate gains.......
Best of Trading,
Director of Stock Options Made Easy