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M: wrote June strike 12 calls against the shares i bought yesterday.

|Includes: Macy's Inc. (M)

Wrote june strike 12 calls at .55/contract against the underlying shares that I bought yesterday at 12.24.  The original purchase was supposed to be anintraday bounce trade... However, shares retreated and as they rallied this morning, I though it will be a good opportunity to hedge them and capture a premium.