J.C. Penney Options Traders Brace for Big Loss

Aug. 8 (Bloomberg) -- In today's "Options Update," Bloomberg's Dominic Chu reports that options protecting against losses in J.C. Penney Co. shares have never cost so much relative to contracts for peers as investors brace for the worst second-quarter results in at least two decades. He speaks on Bloomberg Television's "Market Makers."
Are Investors Too Bearish on Energy?
05:37 - Evercore ISI Senior Managing Director James West discusses oil and his investment ideas. He speaks on “Market Makers.” (Source: Bloomberg)
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