Forget about the woodshed. Dollar Tree has been getting chainsawed.
The discount retailer had been a steady performer since early 2008, rallying more than 500 percent as cash-strapped consumers looked for lower prices. But it's been falling since June, and is down around $39 from the all-time highs over $56.
On Friday, however, the bulls started looking for a rebound. OptionMonster's tracking programs showed the purchase of about 5,000 November 42.50 calls for $0.53 and the sale of an equal number of November 43.75 calls for $0.28.