DE - Consolidation breakout playDE has been consolidating in range for quite some time and looks ready to pop. ARK has been accumulating shares, and the OI on the 12/18 260c is relatively high.
Breakout line and stop-loss has been marked. This play could potentially take some time to play out, but based on the relative options volume %, it seems likely that it can break out this week as long as the overall market is healthy.
