Filled on the M OCT 37 Call Option at $2.69 while underlying was at $38.42
Macy’s Inc (M) has stable relative strength and I believe the stock is going to test old highs. The stock recently pulled back after earnings and this gives us positive opportunity for entry. Furthermore, the retail sector is once again outperforming the overall market and there’s more positive earnings expected before we are through.
Ticker Symbol: M
Expiration: October 19, 2018
Strike Price: 37 CALL option
Buy to Open the M OCT 37 Strike Price CALL Option at $2.80 or lower TODAY only.