Dan Nathan's Bullish Macy's Trade

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On CNBC's "Options Action", Dan Nathan suggested that investors should consider a bullish options strategy in Macy's Inc M.

Nathan wants to make a bullish trade by purchasing the January 2018, 23/32.5 call spread for $2. The trade breaks even at $25 or 7.57 percent higher and it can maximally make a profit of $7.50.

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Posted In: CNBCOptionsMarketsMediaDan NathanOptions Action
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