9 Father's Day Trades

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Father's Day Trade #8: Tiffany & Co. (TIF)

By Michael Shulman

Dad didn't buy Mom anything expensive from Tiffany & Co. (TIF) for Mother's Day due to the recession, so he shouldn't be expecting too much on his day either. But dad has more important things to worry about. He's out of work, his credit line has been reduced, and the family's mortgage was just reset from 2% to 8.5% -- and he ain't alone.

With consumers still feeling the sting of this recession, high-end retailers like Tiffany & Co. don't have a prayer. The stock is rolling over and could punch through its 50-day and 200-day moving averages to the downside. Look at put options on TIF with expirations after September.

Tiffany & Co. isn't the only retailer that's really struggling. Get five more consumer stocks to short.

Next: Corning Inc. (GLW)