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re: Options Trading Thread
Posted on 8/23/23 at 9:18 am to LSUTIGERS74
Posted on 8/23/23 at 9:18 am to LSUTIGERS74
Any of you familiar with Foot Locker?
They reported and hit a 52 week low. I am considering June 2025 calls.
They reported and hit a 52 week low. I am considering June 2025 calls.
1
Posted on 8/23/23 at 9:51 am to Jjdoc
Revenue seems pretty consistent over the last few years in the 8-9 billion annual range and they have made between 300-900 million in income. I haven't done research but I'm assuming the outlook is bleak due to rising input costs and theft. Theft is what killed me on the DKS play, I think.
From a pure historical valuation Foot Locker is really cheap. Thus, the forward outlook is probably bad. That may be priced in though.
From a pure historical valuation Foot Locker is really cheap. Thus, the forward outlook is probably bad. That may be priced in though.
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