OPTIONS TRADING

[RonnieD]

I know it looks ugly but there is reason for hope.
earnings are coming out on June 22.
** Rite Aid (RAD:NYSE - commentary - research - Cramer's Take) reported better-than-expected sales in May, a month that brought strong results from a number of pharmacy chains.

Rite Aid said its same-store sales, or sales at stores that were open for at least a year, rose 4% for the month, beating Wall Street's consensus estimate for a 2.9% increase, as reported by Thomson First Call.

By segment, the company said its pharmacy same-store sales rose 4.9%, while its front-end comps were up 2.3%. Its total drugstore sales rose 3.4% to $1.68 billion.