Buy
KORS via selling March 55 puts @62.6
Luxury goods maker Michael
Kors gaps up on earnings. Chart support at 57 and 55.
Elsewhere
LGF Lions Gate Entertainment has good earnings. LGF ran up into the
report and is drifting lower for the day. The breakout base is at 16,
so there is some air in the stock at the 19 range. I am looking at
the options, but nothing is compelling. Going out to June means
waiting through another earnings report. I may wait until next week
when April options become available.
Long
BA IWM LGF KORS MON PG QCOM
Net
long APC
Expiring
this Friday AMZN EBAY GPS LEN TBT
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