JC Penney (JCP) adds 31 cents to $33.08 and one strategist apparently buys-to-open a Dec 30 – 33 put spread at 91 cents, 2000X on AMEX. This might be a play on the retailer’s same store sales numbers, due out Thursday, Dec 2. JCP fell 3.4 percent when the company reported earnings on 11/12, but has since recovered the losses and is up 6.1 percent since that time.