RH: Purchase @ "93.5"

Common Cents purchased an $85 call option with an expiration date of December 18.  The option was purchased for $8.5 as the price of RH's stock decreased to approximately $90.5.  The decrease in RH's share price, while a predictable pattern at this point, does not appear to be warranted given the current publicly available knowledge.  RH's stock usually increases substantially after it reports earnings, so Common Cents will look to sell the option after the early December earnings release date (if not before).