Seeking Alpha
  • Ocean Man
    Shorted LZB at 13.37. Earnings next week.
    6/12/12
    Reply (9)
    • Ocean Man: *13.34.
      6/12/12
    • lewwillis: Thanks for the tip - I'm going to follow you in on this one.
      6/12/12
    • FortSumter: LZB not heavily followed. HOFT (Hooker Furn) is supposed to report the day before. Can't imagine it will be good.
      6/12/12
    • FortSumter: Furniture stores stores closing left and right around here.
      6/12/12
    • bradyc: I might follow you on this one too OM. Is it a big position?
      6/12/12
    • Ocean Man: Right now just a normal position size. May add if it goes up.
      6/12/12
    • Brandon Gibbs: JUL 12.50 puts.. What do ya think?
      6/12/12
    • Ocean Man: You'd need it to drop 12% for those puts to be in the money. The July 15's only need a 5% drop.
      6/13/12
    • FortSumter: Plus, the volume on the puts traded is very low. You might not get out when you want.
      6/13/12