On today's show, Joel and Dennis discuss...

- Several stocks primed for short squeezes

- RH in rocket ship mode after its earnings report

- How to think about your risk when trading options

Featured Guest:

Nic Chahine, author of Create Income With Options Spreads (33:30)

PreMarket Prep is a daily trading ideas show hosted by former floor trader Joel Elconin and prop trader Dennis Dick. Listen to the show live and participate in our chatroom every day from 8-9 a.m. ET at premarket.benzinga.com/pre-market-show/ or catch the daily recordings on iTunes, Soundcloud, and Stitcher.