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Top Trades for Wed, 27 May 2015 09:58

By phil
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COH down 5% only because KORS had bad sales (-20%).   COH already had earnings and got slapped for them so this is a double slap and a nice time to sell some puts.  The 2017 $32 puts are $4.40 for a net $27.60 entry.  Let's sell 5 of those in the LTP and pick up $2,200 for agreeing to buy the stock if it drops another 20%.

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