DSW, Inc. DSW – Recap
Yesterday morning, we decided to highlight the attractive chart setup on DSW with the stock trading at its lowest PPS since May. Despite another tumultuous day for the markets at large, DSW made an early dip-and-rip that savvy traders could have taken advantage of.
We designated the DSW 12/21 $22.50 & $25 Calls and were met with instant success. Both of those contracts produced significant gain opportunities in the first half of the session. The $22.50′s ran from a low of 2.05 and reached as high as 3.50 for a gain of 71% The $25′s fared even better, posting a multi-bag pop from .65-1.50, a 131% move.
Fresh Options Ideas:
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