Sadove: J.C. Penney has 'sense of momentum,' CNBC reports In an interview with CNBC, J.C. Penney (JCP) director Steve Sadove said he doesn't believe CEO Mike Ullman will stay long-term. Sadove also commented that there's "not a chance" he will become the CEO of J.C. Penney. He says double-digit sales gain are "realistic" over time. Thefly notes that Sadove is the former CEO of Saks.
Stocks with call strike movement; JCP TWTR J.C. Penney (JCP) February 12 call option implied volatility increased 5% to 45, Twitter (TWTR) January 62.5 call option implied volatility increased 4% to 46 according to IVolatility.