There’s good news… and there’s bad news.
The bad news — The second half of the Bed Bath & Beyond (BBBY) August 2014 60 call is down 11%. Close this position today for a loss, as we head into Friday expiration. We walk with a net gain on this trade, though, after closing the first half for gains of up to 56%.
The good news – the Ross Stores (ROST) November 2014 65 call now trades at $3.75. That’s good for gains of up to 50%. Sell to close the second half of this position today. We closed the first half on July 30 for up to 56% gains.
Hold all other open positions, including the Hershey (HSY) and McDonald’s (MCD) positions already showing gains.
Stay tuned for more updates and new trades shortly.
