Dan Nathan's Domino's Pizza, Inc. Trade

Speaking on CNBC's Options Action, Dan Nathan said that Domino's Pizza, Inc. DPZ is priced to perfection and it looks like it is trading close to its top. The company is going to report earnings on Tuesday and Nathan believes that it is not going to be able to show the growth necessary to justify its current valuation. The stock gained 45 percent in 7 months and Nathan believes that this run is going to come to an end. To make a bearish bet Nathan wants to buy a $10 wide put spread with an expiry of a month or two months at most and he would be interested in paying at most a quarter of the spread.