I cannot think of a good reason to hold BBBY as a long-term investment.
The S&P 500 might be in recovery mode, but China is another story.
I favor staying long the name but prefer a little more time on my side.
The company is set to report earnings on Jan. 29, so traders have a couple of weeks to watch the action.
Look for the VIX futures to return to a full 'contango.'
Consider these February at-the-money calls in JWN.
Chinese video-streaming service and online entertainment company iQiyi could fill the void Baidu lacks to compete with ByteDance.
If you're bullish on a stock and the setup points higher, then this is an attractive trade.
It's time to step in and cherry pick stocks.
I'm strategizing a risk reversal here using a put sale to fund a long-side play.