Three options strategies for the week: December 3, 2018

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

Carter Worth and Mike Khouw suggest a call option in the Biotech ETF.

Dan Nathan recommends a put spread in Citigroup.

Mike Khouw recommends a 2x1 put spread in Lululemon.

Trader disclosure: Dan Nathan is long QQQ Dec put spread. Long XLF Dec put spread. Long BOX Jan call.Long INTC Jan call spread. Mike Khouwis long S&P, HAL. Bearish on TSLA.