8 Thanksgiving Option Trades Retailers, food companies should be among the season's winners

We hope this Thanksgiving holiday finds you in good company, good health and good spirits. And we’d like to give you a few more reasons to be thankful this year.

The holiday season is shaping up to be bountiful for a number of retailers and food companies (and not so plentiful for others). The best way to leverage the moves in these stocks will be with options. So here are eight option trading picks we know you’ll be thankful for.

Amazon.com, Inc. (NASDAQ: AMZN) recently bounced strongly off support and is heading toward our price target of $180 per share. If the news continues to be strong. We think the AMZN Dec 175 Calls are a good way to profit from the Black Friday rally. This call is out of the money and there is not much time before expiration, but we don’t expect that traders will need to hold the position for very long. Plus, this setup will keep the cost of entry low. (more)