The Oxen Group submits:
Today, we are going back into the retail sector again to look to make some money. Yesterday, retail was good to us with a pick up of Rue21 Inc. (RUE). Our Buy Pick of the Day was good for 3%. Today, the company reported a 68% increase in profit and beat EPS estimates by 20%.
Overnight Trade of the Day: New York & Co. Inc. (NWY)
Analysis: Retail has been very solid with earnings this quarter. The reflections of holiday shopping’s quarter have been much better than analysts were expecting across the board. This has attracted me to playing a number of retail companies over the past month. For today’s Overnight Trade, we are looking to New York & Co. Inc. (NWY), which is a specialty retailer that features strictly women’s clothing, in the vein of casual to work-oriented fashions. It is in the non-upscale but not-cheap area – in line with Ann Taylor (ANN) and Gap (GPS).
Tom Lydon 
optionMONSTER’s Heat Seeker system showed that 2,857 April 55 calls changed hands in a strong buying pattern, most of them going for $0.20. The trading dwarfed both the open interest of 261 contracts and the average call volume of 18 per day at that strike. Overall calls at all Kellogg strikes outnumbered puts by more than 4 to 1.