I see that Lowe's is getting hammered due to it's latest quarterly report. Don't catch a falling knife today, however, watch when it seems to have bottomed and write short term out of the money naked puts. I see that the July 22's are really juicy, for example. Lowe's is set to raise it's dividend next quarter and they have been increasing at a greater than 10% rate so this should buoy the stock.
5/29 note: this would've been a goodie...
Lowe could be a great buy or the long term leaps if they exsist could make a great trade. If the building sector recovers.
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