Best Stock on the Market

Put Options on FRAN on 9/10/2013

Bearish Flag on FRANFrancesca's Holdings Corporation (FRAN) operates a chain of retail boutiques.

The company offers a selection of fashion apparel, jewelry, accessories, and gifts primarily to its female customers. As of June 5, 2013, it operated 429 boutiques under the francesca’s name in 44 states in the United States.

The company also sells its products through its Website at francescas.com.

The firm reported earnings that missed the estimates. The Company cut its outlook going forward. The report has pushed shares into a bearish "flag" and lower share prices are expected for this stock.

 

52-Week Trading Range; $18.27 - $32.43

Last Trade:  $18.40

 

Here is the trade: 

Buy One October $17.50 Put option for less than $0.65

Trade

  • Buy 1 October $17.50 Put at $0.65
  • For a net debit of $0.65

Profit/Loss Analysis

  • Breakeven at $16.85
  • Maximum profit is unbounded
  • Maximum loss is ($65.00) at strike of $18.00

Closing Summary

  • Sold 1 October $17.50 Put at $0.95

Position closed on 10/11/2013 at price of $0.95 with a 46.15% gain in 30 days.

Updates

10/11/2013 10:16:44 AM

We are closig FRAN put option at $0.95

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