Elite Trader

TheBigShort
TheBigShort
so I took a look at PVH and you are right it was pricing in a ~6.5% move which would have made it a sell. (Sell the june 155 straddle for 9.80). I am not to sure why you bot the calls, can you elaborate further?
O
optionsinvestor
For PVH, I used the chart along with the earning reports trend. Ex. PVH has been reporting strong earnings while other retailers are struggling. This, along with the chart analysis suggested that PVH should bounce off its 50-day ma and breakout above $163.
TheBigShort
TheBigShort
Okay so your strategy has nothing to do with my strategy. I hope PVH rallies for you tomorrow. Not looking so good
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