IBB bottom play

Watching for breakout on biotech sector into Q4, indications of possible breakout via the options market IBB sept 335 calls bought 1k lot. I'm currently long via LABU aug 49 calls from last week; I will monitor the positions as it progresses.

http://elite.finviz.com/quote.ashx?t=IBB&ty=c&ta=0&p=w

http://elite.finviz.com/quote.ashx?t=LABU&ty=c&ta=1&p=d