Short

GNC General Nutrition Centers Bearish

GNC bear credit spread. GNC C 5 sold for 3.44, GNC C 10 bought for 1.31, so a $212.10 credit taken (after comissions) Max Risk is: 305, Max Reward is: 195. Reasons: Definitely on a downward trend. Around this time of year the stock drops on earnings, it went up once but it dropped back down early. Hence the larger than usual trade amount.
centergeneralGNCnutrition

Disclaimer