American Eagle - stick a fork in retail, it's dead. Or is it?
Even though it makes no goddamn sense AEO has been rallying lately, albeit with quite a bit of chop. Maybe people are getting more optimistic about AE's ability to come back from the 'Rona, who knows, but at any rate you could potentially position to take advantage of this trend by purchasing $9.50 calls. If the stock continues to mean revert back to its 200DMA, you will pack away a tidy profit.
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