by Serge Berger | Jun 9, 2011 | Uncategorized
After announcing earnings on May 25th, Ralph Lauren dropped 11% due to profit margin squeezes. On May 25th we sold far out of the money calls as implied volatility and hence options premium were juicy, as highlighted HERE. Two days later Citigroup...
by Serge Berger | May 27, 2011 | Uncategorized
After announcing earnings yesterday, Burberry tumbled lower and today is regaining some footing. The theme among clothing retailers has been the same, be it Aeropostale (ARO), Ralph Lauren (RL) or Gap (GPS)…higher input costs are weighing on profit...
