ANF looks ripe to make a move but the options are very expensive. They announce earnings before market open on Nov 14th.

Let’s try a simulated Strangle for fun: Nov Call 31.5 @ $1.69 / Put 31 @ $1.74


ANF seems like a great stock to sell options against, will look into it.

UPDATE 10:29am : What the heck, did ANF cure cancer or something??? They gapped up over 25%!  the Nov 31 calls are at $8.55.  I guess I should have played this one.