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Macys continues to offer juicy June strike 12 premiums.

|Includes: Macy's Inc. (M)

As this market continues to climb, you want to be in securities that had the least run in this rally realtive to their peers in the sector.  And it's getting increasingly more difficult.

However, the June strike 12 calls on M are good for option writers.  You can write the calls against the current share price and still get .25/share in intrinsic time value.  Besides, a hedge to the downside to 12/share is good.  Tjat is nearly 180/share hedging.