RE: 7/31/17 Follow along as @alexmorris and I try to save J.C.Penney (JCP) from Jeff Bozo and Amazon

8/17/17 end of day update: I didn't even watch the open but I see that JCP did open lower. Let's see what those 3.50 calls priced at today since it was the first day you could trade them after my "spec" short term buy on JCP to 4.50...ish. 9/1 expiry 3.50 calls only had one trading price today of .24 on 42 total contracts traded. I'll log that in...it could go either way but it's basically a $150 bet...and that's all you can lose...so I like the odds on this one. I'm waiting for a gold trade here now after today's festivities. DUST shares might double off the next low. Here's JCP though.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=jcp&x=43&y=17&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11