Into JWN Aug 17 '13 $57.50 Puts @ $0.27...

Earnings announcement on 15 August 2013...

Analysts are expecting $0.88 EPS vs. $0.75 from a year ago, but last quarter, earnings declined YOY and topline growth was anaemic...


P.S. A 5% decline over the next few days from current pricing will put me in the money...