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Three options strategies to start the week: June 11

The "Options Action" traders share three options trading strategies to kick off the week.

Carter Worth and Mike Khouw like the Homebuilders and Home Depot.

Mike Khouw recommends a call spread risk reversal in AT&T.

Dan Nathan recommends a call spread in Philip Morris.

Trader disclosure: On June 8, 2018, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Options Action" were owned by the "Options Action" traders: Dan Nathan is short SMH. Dan is long XLF Sept put spread. Dan is long FB Aug put spread. Mike Khouw: Long S&P, Bearish on TSLA.

  • Melissa Lee

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

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Fridays, 5:30p ET

Saturday, 6a ET

Sunday, 6a ET

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