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           How to play JCPenny earning
JCPenny is announcing its quarter earning tomorrow August /12 .we are expecting that report will beat the estimate or match it so the stock price will go up eventually . Our recommendations how to trade that earning is buying the stock it self and buying PUT OPTIONS to hedge against any reversing and tumbling of the stock. What we recommend is : every 90 JCP shares you buy you purchase one PUT option wit it as a hedge strategy . {buy 90 shares- buy 1 PUT 10 strike price/ sept/19/2016}. Happy trading.

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