Replies to post #14660 on OPTIONS TRADERS CO-OP

[DragonBits]

About bby, I don't like the big box stores like BBY.

They have declining revenue, declining profits, and real estate. The online seller and really big retailors like sam's club and costo are likely underselling them.

Now we are after the holiday season, what is going to cause the price to spike up much?

Not sure long term, meaning 3+ years, they can survive. That's not to say they can't get a rally going in the stock, but IMO more likely the later half of this year.

[BullishTrader88]

Right now the downside seems limited given the trading range though right?

I was looking at where the options were priced at in comparision and it looks dirt cheap.

May 17th $27 Calls
4/11 25.51 .46
4/14 25.70 .50
4/10 26.21 .77

These are all the lows of the day too.

IMO this will be at least a double, if not a 5 bagger from here. They are currently .07 with the ask of .08, strong bid at .06. I have a avg at .09 with 97 contracts.

[BullishTrader88]

Do you think BBY is plowing up now? ;) 3.5% Green