maybe seven times ebitda $1.5 billion in cash they hold right now. we are seeing some consumer names trading cheaper than the high flying stocks, but we should just compare this to other luxury rivals. maybe lvh, things like that. and it is trading a couple turns cheaper than that as well. this is a name i think we could play to the upside and i was thinking of using a diagonal call spread, buying close to at the money call that expires in october and taking advantage of the fact that nearer dated options, of course, are going to exhibit higher volatilities. buying the 140s in october, selling the 145s in august as a way to make a modestly bullish bet here. >> carter, how do the charts look >> i'm in the be long camp for ralph lauren three charts, they're all the same time frame with different on no annotations. the first, head and shoulders bottom stock toying with the prospect of breaking out from a range second, same time, same chart, just different lines we've moved above that comfortably. final chart, it's converging trend lines. all of these th