RH Restoration Hardware double weekly bearish signal into $240 resistance. Prior support becomes future resistance. A few hedges going into this weeks FOMC. If investors don’t like what they hear from the FED, homebuilders and retail names are going to pull back.
Sell RH October 17th $200 CALL $27.50
Buy RH October 17th $210 CALL $21.10
Credit $6.40