GO
Loading...

Enter multiple symbols separated by commas

Washing Our HANS of High Growth Stocks

The "Pretty Girl" index, which has been the subject of so much fascination on Options Action, is showing a little worse for the wear today.

Netflixis a horror show. Green Mountain'sa disaster. And Hansen Naturalis not much better.

On no news, the high-growth soda maker is off some 8 percent today, and as of 2pm, there were four puts purchased for every call.

Loyal viewers may recall that on last Friday's show, Dan Nathan of riskreversal.com recommended the Hansen November 85/75 put spread, paying $1.70 for the trade.

That package can be sold today for about $3.60, or just about double your money in less than a week.

So what's Dan doing now?

Said Nathan: "Take off half. "

Watch Options Actionon CNBC Fridays 5:00pm ET, Saturdays at 6a ET and on Sundays at 6a ET

Questions, comments send them to us at: optionsaction@cnbc.com

Contact Options Action

  • Showtimes

    Fridays, 5:30p ET
    Saturday, 6a ET
    Sunday, 6a ET
  • Melissa Lee

    Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

Sponsored Related Links

More on thinkorswim by TD Ameritrade

  • Make sure you’re always keeping up with the market with up-to-the-minute news and breaking stories. Move on possible breakout stocks and options with potential opportunity. Plus, get in-depth analysis on futures and forex in one seamless, integrated experience. Join TD Ameritrade and trade commission-free for 60 days + get up to $600 cash.