Retail Stocks DG, SIG, and FIVE Rise After Earnings

Weekly call traders had an interest in all three stocks

Retail stocks are still in focus on Wall Street, with Dollar General Corp. (NYSE:DG), Five Below Inc (NASDAQ:FIVE), and Signet Jewelers Ltd. (NYSE:SIG) all making post-earnings moves this morning -- and all to the upside. Let's take a quick look at how DG, FIVE, and SIG shares are trading, and some of the data to consider for each name.

Starting with Dollar General, the stock is up 0.8% at $154.27, thanks to the company's same-store sales beat and strong full-year profit forecast. The results could assuage many investors who were concerned with the results recently delivered from rival Dollar Tree (DLTR), which suffered a huge earnings sell-off.

Interestingly, this all comes as DG shares were actually flirting with oversold territory, based on the 14-day Relative Strength Index (RSI) of 33, with the stock still set for a fourth straight close below the 80-day moving average, after not previously closing below it since May. As for options data, peak open interest is at the December 160 call, and there's also big positions at the weekly 12/6 165- and 170-strike calls.

Turning to Five Below, the stock is gaining 8.4% to trade at $127.96, as investors cheer a same-store-sales beat. Price-target hikes from UBS, Telsey Advisory, RBC, and J.P. Morgan Securities have come through, with the latter two firms setting the bar at $144. The shares traded as high as $148.22 back in April, and today's price action has them above the 200-day moving average once again. Meanwhile, options traders had taken interest in the weekly 12/6 125-strike call.

Lastly there's Signet Jewelers, which has been a long-time underperformer on the charts. However, the shares are up 7.9% today at $17.96, testing the upper levels of their recent consolidation pattern in the $15-$18 range. The price action was sparked by a smaller-than-expected quarterly loss, and would represent a second straight earnings surge following a 27% next-day jump back in September. Some traders may have placed winning bets ahead of earnings, since data shows 1,500 contracts at the weekly 12/6 17-strike call.