Mark Benson

There was significant interest in the January 20 calls for Macy's, Inc. (NYSE: M) yesterday as some large blocks were bought for $0.15 and $0.20. Nearly 35,000 calls were traded yesterday compared to an open interest of 8,214 contracts and the number of calls that traded at strike was only 93....

Mark Benson of Wedbush Morgan believes that the children’s space is highly promotional as consumers always look out for apparel, irrespective of the economic environment, as kids tend to outgrow their size. According to Wedbush Morgan, it is extremely tough to manage inventories in order to...