We strongly believe American Eagle Outfitters is the next retail play to dump back to $14 dollars. It was pumped today on a red day, with earnings coming out on Wednesday morning we strongly believe this is a PUT play. The price is sitting at a support level which will most likely be broken when the poor earnings comes out. Most retailers have been hurting due to the rough winter especially in February 2019.
We took puts in this play today for earnings!
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