stevia is hot, using it in foods, yogurts, not just beverages. >> all right. thanks for that, sarah. we will try it you know what else is green and you can get on amazon? surge. >> yep. >> we will see what you get. "fast money" coming up in just a few seconds. melissa lee uptown, what's on tap? >> we have got the biotech company trying to develop a vaccine for ebola joins us exclusively on the show. >> all right. >> thanks, guys, this is "fast money." we start off with a market alert here, a lot of red on the screen, the s & p down, nasdaq deep in the red. russell 2,000 officially in correction territory. major fear factors weighing on stocks, concerns over owe bole la potentially spreading, hong kong protests, a european central bank decision tomorrow and the jobs report on friday. let's break down the selloff with our traders, tim seymour, john najarian, brian kelly and guy adami. brian kelly, guy to you, seems like around the world, there are things to be leery of. >> yes, and economically, we have seen some slowing of all the economies out there, we saw

japan had some atrocious numbers this week. china's pmi above 50 but barely above 50. now, we have europe, which is just a disaster. and the market is in a very, very critical point. the s & p 500 and many of the other markets critical points going into the ecb tomorrow, i think is a huge meeting. fx markets think they will do qe. i don't think that happens until we have a real disappointment set up here. russell 2,000 hit the 108 guy adami talking about a decade or so. >> a point as well in terms of the russell 2,000, 13% of the index hit new 52-week highs -- lows today. >> this was exacerbated, close

around 108, close enough for government work, as they say. gives you something to trade against. what bothered me, the most on the back of those fears, how horrible the transports traded, down 2 1/2%, need to be watched the next couple of days, said we will see what happens the s & p, if and when the russell gets to 108. it did. not a great day through moving averages, what was support at 1970 now becomes resistant so that 1904 level i have talked about seems now to be in play. >> broke a major trend line today. people have been waiting for the u.s. if you look in the states, the ism numbers we have today which got us if you look at the export component to six-month lows, some sellments of the u.s. macro a lot weaker. what did that do? took some of the air out of the dollar trade rocketing higher. i don't think it goes straight higher, the same time you saw dollar weaken up, emerging markets continue to get crushed, commodities get crush ready. gold something i would continue to warn you to stay away from,

look at miners, a place to step in and buy, people asking me about freeport, other names york think it is the place. tomorrow, you see brian talked ecb and payroll on friday. the end of the day, people will still be watching the fed and where we are with wage inflation. anything, might have the worst of both worlds. same time, wither nowhere near in term of the vix the levels we saw in february. 20 and change. >> no, we weren't. >> took us getting over 200 to the downside before we popped back and held 17 levels at all. not the fear in the market 3 to 5%, the people step in and buy it, see how well they do with that, given that we were hit so hard with so many bits of information today from germany, italy i the u.s., owe bole la, riots in hong kong and so forth. we have pretty much the kitchen sink thrown at the market today. if you're somebody who's willing

to buy on dips, you certainly would be heartened by what you saw today. you would have thought this would be a 500 pointer based on the things i cited. barely got it down 200. >> the bull perspective, stocks still at levels that we saw back in mid-august. i mean, if you told me all these things were going to unfold and still going to be back at level s we saw in mid-august, i would be surprised. th . >> this is a dip. you can't be bearish until it's bought. some chatter out there, some people starting to speculate, what's the market gonna do if the fed has to do qe 4? that's definitely -- people are starting to think about that.

>> you think that's mossbility? >> the bond market has been trying to tell you something, continues to tell you something. rates to me continue to go lower and in a deflationary environment globally. >> with the three major indices having the worst start to october since 2011, is it a sign of more downside to come or an opportunity to buy? joining us from st. louis is a co-chairman and ceo of steeple financial, ron, great to see you. >> a lot of pessimism coming off that show here today. >> to be fair, there are a lot of reasons to be fearful in this market, ron. how do you feel about what's going on? >> i think it's a normal correction in a market. markets don't go straight up. i'm not sure -- we haven't had a 10% correction in the s & p over 1,000 days. issues in the, maet. long-term, the fed is accommodative. earnings look good. you will be glad you bought this market today. >> not concerned about what's

going on in europe and first time since june of 2013, saw german pmis below 50? even if you believe the u.s. is okay, we have got a deteriorating picture in other parts of the planet. >> look, europe's been fighting deflation for a while, as the whole world. but look, the euro has declined what from 140 to 126. that's gonna help the european economy. the dollar is stronger here. that's gonna help oil prices, help our consumer. i think the environment is set up for a nice rally in the markets the next year. what's going to happen tomorrow? i have no idea. maybe the jobs report will tell us something different. i believe when you look back, you would have wished that you bought equities today. >> ron, i'm gonna weigh in here and go on the record, i'm not terribly bearish, the adp number, 213. the six-month trend is actually quite good. having said that i think the markets are not prepared for

volatility and you gotten very complacent. i see extreme positioning. look at the move in the dollar, dollar/yen, where yields have gone and what your customers think ultimately about their positioning here. i don't think i think balance sheets are better, corporates very healthy and the consume verse more on their balance sheet than before. i think the market is complacent and positioning way, way overdone. >> you know, i'm also not gonna stand here and say it straight up from here. what i'm saying, these kind of times when stocks go on sale where the fundamentals are higher, not lower. all economic indicators, for the most part, ism, a number of things point to an improving economy and you have a fed that i'm telling, the fed's not gonna do anything drastic unless they see inflation right in front of them. you have got a very accommodating fed, improving fundamentals and that's gonna speak to higher markets, not lower markets. in these times like this, where

everyone's panicking and selling this is when you buy. >> ron, i have a question for you, because this was very curious to me when i read the notes for you, for your segment, you're the ceo of steifel financial, sf is the ticker, the same time, saying to avoid financials. why? >> what i said and, you know, look at me, shows you, you know, that i'm very unbiased, if i can say avoid my stocks. >> is that what you're saying? >> no. no. what i said was i would overright weight technology stocks now and in the future. i think technology is going to be -- we are at the dawn of a technology boom. my view is interest rates are going to remain lower longer than people believe. financials have been buoyed by the rates increase in financials i don't think is coming in the time the market things. that's going to be a drag on financials, but the wealth side,

the wealth management side of my business, it's a buy because that's where the money's going to be made. >> fair enough. ron, great to see you. ron crush she have ski, ceo of steifel financial. >> around 44 bucks. the stock has gone downside ways, basically since march. it has not been a performer. against that 44 level, you can own it, 15 times earnings, maybe make an argument that it's expensive, but the businesses they are in should be doing a lot better. >> i agree, going into the fourth quarter, one of the things i think is inherent, big cap, multinational, div paying and value, not chasing momentum, not chasing any technology, a lot of deep value, a lot of big cap in the technology space and a lot of dividend there is, i agree with that play as well. you cannot be trading this day to day. >> how bad does the economy need to get for you to say things are bad and i don't think they are getting better? >> i think we need to see the job market start to deteriorate.

also need to see u.s. pmis need to go into a sub 50, contracting mode. you need to see the fed begin to back pedal, we talked about this, if the fed starts to do things we don't expect that's time to worry. right now, you know, that's very far away i as far as i can tell. >> quickly in financials, doc, say to avoid them? >> no. >> you wouldn't? >> no. but one of the primary drivers -- >> more bullish than the ceo of a financial company. >> i give ron credit for not getting out there and pounding the table for his own stock and if he misread what i was saying, i was bullish when the way the market reacted today, because like i say, you threw the kitchen sink at this market, ron, and for the market to only be down 238 points i think is a moral victory. your point, 1904 was the august low, august 7th or thereabouts. we are 40 some odd points above that now in the s & p s it time for us to think that things are just done? i don't think so >> i don't think the market had any reason to sell off 300

points today. >> no. germany, italy, u.s., ebola, riots in hong kong. >> we will definitely get there. >> two sides to every trade. four protection plays for you coming up, plus ebola fear, airline stocks today, how long this selloff could last. plus, high-flying internet stocks getting hit hard today after a strong third quarter. is this pull back a buying opportunity? that coming up next on "fast "." , tdd# 1-800-345-2550 even on the go. tdd# 1-800-345-2550 open a schwab account, and you could earn tdd# 1-800-345-2550 300 commission-free online trades. tdd# 1-800-345-2550 so if you get a trade idea, schwab can help you take it on. tdd# 1-800-345-2550 we're getting a lot of questions tdd# 1-800-345-2550 about organic food stocks. tdd# 1-800-345-2550 [ male announcer ] sharpen your instincts tdd# 1-800-345-2550 with in-depth analysis by schwab experts. tdd# 1-800-345-2550 and if you want to run your idea tdd# 1-800-345-2550 by a schwab trading specialist, tdd# 1-800-345-2550 our expertise is just a tap away. tdd# 1-800-345-2550 what's on your mind, lisa? tdd# 1-800-345-2550 i'd like to talk about a trade idea. tdd# 1-800-345-2550 let's hear it. tdd# 1-800-345-2550 [ male announcer ] see how schwab can help tdd# 1-800-345-2550 light a way forward. tdd# 1-800-345-2550 so you can make your move, wherever you are,

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the first confirmed case of ebola in the united states spreading fear across the nation. look at the top search terms on google, ebola no surprise, generating 2 million searches, far outpacing searches like kansas city royals i and even like windows 10. >> royals. >> fears weighing on travel stocks, especially the airline, the index and carriers in the red. joining us is jpmorgan senior analyst jamie baker. thanks for being with us. >> thanks a lot. >> reasons to be fearful and concerns about airlines, whether the delays and the problems in chicago, which won't have that airport up and running fully until october 13th to ebola. walk us through how you view those risks. >> sure, let's focus on ebola

first. i don't think that investors have much to worry about and i don't think passengers have much to worry about. every day, about 1.8 million people step on board u.s. aircraft somewhere in the world, of that total, only 2,000 a day are heading to or returning from africa. even if that demand set were to be materially impacted, it doesn't move the earnings needles. for passengers, a difficult does sees to catch. even if you wanted to get on an aircraft and contract ebola, would you have to engage in high-risk behavior, get on an aircraft, lose your job, not the activities, i think most passengers are willingly going to engage n >> that's rational, james mitch sphere irrational. in the short term, stocks usually trade -- i don't want to

say usually, often trade on sentiment and maybe fundamentals win out. in the short term, what are you expecting, on a fundamental basis, how do you use pull backs to add to positions? >> sure. you're absolutely right. sentiment weighed on the sector today new york question about that. ultimately, fundamentals take center stage. at the margin there could be more price sensitive, leisure-oriented travellers that could be spooked by this i have the luxury of saying to my wife i may not be comfortable taking the kids to orlando, flying a budget carrier, you know, this fall. other passengers may feel the same what i don't have the luxury of doing going into my boss and telling him i'm not willing to travel to work, i'm not willing to attend the next jpmorgan event in london i'm exspechted to be at because i can't resist the temptation to manhandle the bodily fluids of the passengers sitting next to me. you just can't have -- you can't have that argument with your

boss. at the margin, sentiment could weigh on the discount-oriented routes are, i would expect that to blow over quickly. >> jamie, brian kelly. >> hey, brian. >> today a bad day for the transports, down 6 1/2% or so from the peak, when you're out there talking to clients, you're out there pounding the table saying buy, buy, buy, what's the push back? why are people selling the transports? >> sure. the basic thesis on airlines, here in the u.s., at least, things are different this time, managements are more disciplined, competition is still alive and well, but instead of managements trying to compete on the basis of, you know, who can buy the most a airplanes or the most capacity, today they compete on whose dividend is largest, more capital to share buy backs, a type of competition that is, you know, in far greater best interest of shareholders. the challenge we are having right now, there is some overcapacity issues, particularly in the north atlantic and latin america, that are leading some investors to

think, hey, it's not different this time. growth is outstripping demand. what i think some investors are missing, two things, one, the airlines are already addressing this phenomenon. if you were to ask me, you know agency, month ago, how much transatlantic capacity would be up in the fourth quart, the answer about 7 1/2%. today, schedules reflect only a 4, 4 1/2% increase. so, steps are being taken to address this. and then, of course, you cannot ignore the impact of lower fuel prices. thus far, the equity market has shrugged off that impact, i think we are setting up for a very, very -- year end and i think you're going to start seeing fourth quarter consensus expectations rise significant lit next couple of weeks. got it jamie, thank you. >> thank you. >> jamie baker of jpmorgan. he put it very vividly the same time. >> manhandling of fellow passengers. >> bodily fluids. what's the trade here? >> most important is airlines are not affected by this horrible outbreak here.

the most important thing to the airline trade today was they traded about 2 what the market does. they pulled back in line with the risk. delta about 10% off the top. 35 is a key level, broke through today. i think you don't step in and buy them tomorrow but if you thought they were selling off ebola that's a gift you buy because they are not selling off on ebola. >> what do you think, doc? >> i think it was a fer trade about ebola. so i will disagree with tim. i think it was fear in the cruise lines as well as the airlines today. airlinesh quickly. >> jetblue, pulled back but your point about fear it is

irrational and regardless of whether or not, how you contract this, i hope we don't get another headline, you get another headline, guess what people are going to be scared. >> next up, wynn resorts hit hard today after ceo steve wynn sat down with our own jane wells sat down last night and made headlines whether he is more fearful over the u.s. or china. take a listen. >> i'm more scared about the united states than i am about china. if you ask any chinese businessman or even the working folks, do you trust the central government, they will say yes. i'm telling you what i see and hear with my personal. the average person in china doesn't feel separated from the government and is satisfieding,edsatisfieding, satisfieding,ed a --s is thefied. they have aspirations for life. they don't have the polarization in america. had the incredible polarization i have never seen in my life now. nothing like that in china. not even close. >> wynn, of course, one of the casino stocks with more exposure to macao, to china. dr. j?

>> put his money where his mouth is clearly i grown his empire dramatically in that area of the world versus own the strip lately, even though he does have encore alongside wynn in las vegas. i think he is exactly right as far as knowing who he's dealing with when he is dealing with the folks in china versus what he might be dealing with here. everything from harry reid all the way up to the president. you don't know which way they are gonna blow, even going into a midsession election. >> macao, just really quickly, getting multiples, still kind of expensive, but getting cash returns that look interesting. i think somewhere around 16 times earnings is finally in value range and sound like stephen telling us a secret. >> could have said anything, sounded scary, i think. >> look at how wynn traded today, in a market that was down 250 points, wynn held up pretty well. and yesterday, we had some awful numbers out of macao, then the chinese government stopped the investigation into those casinos. so, to me this is setting up to be a pretty nice trade here, at

least risk/reward wise, know where your stop-out is, low point you have seen the last couple of months, i think wynn's a buy here. >> market flash here on agriyum falling in afterhour session. kate back with details. >> providing an update point second half of the year, outlook more conservative than expected, guidance of 45 and 55 cents a share. street was looking for 68 cents a share. stock trading down 5% after hours. >> guy adadami. >> levels we last saw basically november of last year, give or take. >> place the fundamentals were trading off and the crop prices. this is part of the dollar

trade. farmers on the sideline. a very tough day for the momentum trade with a major internet stock seeing huge losses, but two names still have lots of upside potential. they will be named after this break. later, as owe beale la spreads, major drug stocks soaring, sitting down with the ceo of innovember yo pharmaceuticals as the ebola vaccine gears up for human trials. stay tuned. the ebola vaccine g human trials. stay tuned. ebola. (trader vo) i search.

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seasonally, nourth quarter usually good for retail stocks, so that's amazon and ebay, although ebay may have just had its catalysts, in terms of the stocks a holden you we think of the setup the next three months, looking for stocks that have if got still relatively large material, new growth drivers ahead of them and with that as a screen, it's kind of hard not to look at netflix and facebook. facebook with these video ads and instagram mon tiz zblagsz, kick in around the turn of the year and netflix with the european market launches. >> stick with what's working, netflix, up about 20% year-to-date, facebook up 32% or year-to-date. same time, you have got buys on some of the others, amazon, priceline, google, and they are not -- they are not working. so, why -- why is it that you're

saying stick with what's working and also stick with what's not working? i'm just trying to understand what the rationale is. >> we have talked about this in terms of maybe you want four cs in the large cap space, the consensus long i'd argue is facebook, country mean it can't still work, we have got the new green field on tintsz, the consensus long, the complacent long is google, we think underappreciate the ability for that name to have a kind of cpc, pricing inflection point the first time in what could be four years. i don't think the priceline piece has changed all that much, although incrementally we are more worried about that european exposure, that's probably across the group, but an issue for priceline. and then amazon really the contrarian long in the space, we think we have gotten a inflection point exactly when we get it, we think it is the next two to four quarters in terms of the revenue growth, reacceleration, margin expansion, you get that, the trade dramatically high the upside of the stocks when the catalyst hits, timing is it is hard. >> you think this quarter for amazon is important, because i

can see the scenario the stock sort of grinds down to the 285, 290 level it's held and bounces after earnings which are give or take october 23rd. so do you think this quarter is important or do we have to look past it? >> you know, think we are looking at the stock similarly in terms of the downside risk, a very consistent price to sales multiple on the stock last five years and you put at the lower end of that, in that trough level, 280 level you talked about, our point of view, you get this stock at 300, anywhere close to 300, it's really just a backup to truck by with that price without knowing where the catalyst is but feeling you got val cation support on the stock. >> mark, always great to speak with you. >> thanks. >> what is your top internet pick, tim? we should know, throw in alibaba in this, hit a new low. >> you own alibaba, nibbling at it, to me, a good combination of value and growth, a fantastic combination of growth and momentum, see what happens there. i think priceline, priceline, i

think a lot of people priced in the negative fx effect and slow european growth, based on august travel numbers started to price in weaker this is a stock that i think still one is a major kind of almost a monopoly in this space. i realize there's other players but these guys dominate so aggressively around the world, valuation-wise, i think probably 15% upside. google, as you talked about, complacent long, google continues to give you 20% out of 25 multiple. >> what do you think? >> yahoo!. >> is i will? >> yep. yahoo! now again because there's a lot of hedging going on on the stock, volume of the options as well as the stock, hedging against alibaba. and like ebay, you're not gonna get, when the activists get involved it doesn't just throw a switch. instead, you get that pop when they get involved, but then it takes months before something plays out. i think that plays outers of the next there he to six months, mel and i think yahoo!'s higher because of it. coming up next, a volatile day on the street. we have your top protection plays after the break.

plus, as the ebola outbreak spreads, hear from one company ready to start testing its vaccine on humans. the ceo of inovio joins us live. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today.

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welcome.back to "fast money." live at the nasdaq market site. still ahead on the program, protection plays after today's big selloff, give you four names to protect your portfolio. the ceo of company with a potential ebola vaccine, stock up more than 300% the past year. but it's black today while peers are rallying. straight to the source to find out more coming up. plus, the protests in hong kong, now spreading. we are live on the scene with the very latest. we start with the ebola latest, shares of biotech and pharma companies, ebola drugs in the pipeline surging on news of the first diagnosed case of ebola in the united states. one stock not moving on the knows, innovember ya pharmaceuticals, a dna-based ebole la vaccine in the pipeline heading into human trials. bring in the ceo of innovember ya pharma, dr. joseph kim. great to have you on the program. >> great to be here. thank you very much. >> let's talk about what you found in the trials on animals. you found -- actually a stunning rate, 100% of the vaccinated guinea pigs and mice were 100%

protected from death and there were also some other benefits that you found in this vaccine in terms of being preventive as well as being a treatment. in terms of your ability to ramp this, should it be necessary, what does that look like? >> so as you said, melissa, we were able to see 100% protection in animal models in two separate animal species after the these animals who were vaccinated with inovio's ebola vaccine that were challenged or exposed purposefully with a lethal ebola virus and they would protect 100%, from death as well as getting -- from illness. so it was a fantastic data, which we actually published in a peer-reviewed medical journal, end of last year. >> so, let's say the cdc calls you up and says, dr. kim, we need this vaccine sooner than expected, obviously, what would it take to sort of ramp that production up and would you be comfortable at this point to

say, you know what, this vac is ready for humans because there's always the unknown that you're injecting a weakened virus into a human? >> yes, so, i think you hit the main advantage of innovember ya's vaccine on the head. we don't actually use a virus to make our vaccine, we use the dna code or genetic code that encodes for a viral antigen. so, we actually design all of our products in the computer using the dna econsequences and they become the basis for our product, once injected into the person's body. so, it's designed to be safe, as pure dna formulated in pure water and deliver weird our proprietary delivery system. even the manufacturing has a huge advantage and scaleability. we used a simple fermentation technology that's been tried and true over the last five or six decades. i joke around that you can turn any beer manufacturers manufacturing production

facility into a temporary emergency factory for vaccines, 'cause we use the same fermentation technology as the beer brewing. >> when you look at the demand potentially for vaccine there are a lot of analysts out there today for various other companies saying the only way that one could actually monetize it is if the u.s. placed an order for stockpiling. is that the way that we should look at it at this point, that in terms of the financial benefit to your company or to others, it would be that the u.s. would have to order a stockpile of vaccines? >> absolutely. so, that -- whether it's the u.s. government, global health agencies, certainly, there will need to be a stockpiling opportunities, otherwise, it's very hard to commercialize and monetize these products, until there's a huge demand. so, there's a disconnect in supply and development of these products, you have a seen in the past few months.

there's urgency and the run-in with this because of the ferocity of the spread of this virus. the whole community has been cut off guard. what inovio has been doing is applying our technology to this getting the animal testing done and quite ready to get into human studies as soon as possible. >> thank you, dr. joseph kim, ceo of inovio. underperformer today, not only just today against theism bb but also year to date against the ibb, a significant under -- although massive year last year up 400%. >> went from two to ten. extraordinarily volatile stock. obviously -- i don't think they are going to be profitable for quite some time but a big short interest. names like this, the environment we are in, short interest people tend to get squeezed. i don't think you can buy it here, way too volatile but opportunity to buy this stock. breaking news, united airlines is the story, kate rogers the details in the

newsroom. >> that's right. cdc confirm irk the man positive for ebola in the u.s. did travel part of his trip on united airlines. the director of the cdc saying there is zero risk of transmission because he wasn't symptomatic until after his trip was over. united airlines down 3% on the day along with other major headlines. >> thank you so much. >> this me minds me, a guy negative on tesla, negative battery buyers, not connecting events to the fundamentals. ual probably the most upside of the carriers now without this. >> major indices erasing their gains made the third quarter in the first day of trading the fourth quarter today. what should you be buying to protect your portfolio? around the horn to find out what your best protection plays are. guy adami? >> cost co-is interesting. look at their august comps, excellent, i think september comps are going to be strong as well. due to report in about -- well, a week from today, october 8th. i know it's a big valuation, 24

times forward earnings, but these guys have done everything right, traded well in a lousy tape. >> dr. j? >> well, last week, mel, my final trade to buy a vix call spread, same protection here, would be a call spread, folks, other words, not saying buy the vix at 17 drops back down to 14, say what did you do to me. i would buy one call, pick a strike and i would sell a call at a higher strike. that's call spread, so you're taking advantage of compression as well as time decay in both those options. >> very educational. tim seymour? >> i talked about the big cap in technology and also to go for companies that offer valuation. so in other words, cisco, to me, 11 times 3.3% dividend yield, doubling down on a turn key cloud solution. seeing a lot of big customers upgrade their ethernet.

there's things going on for a company that didn't have drivers but most importantly, this will be defensive and that's what we are talking about here. >> are you gonna say bitcoin? >> no, i'm not. certainly buy bitcoin, nautilus coin, i think a better value. doc brings up an excellent point, doing a call spread, market down 250 points today, shouldn't be doing protection plays, you make hay when the sun shines, doing your protection ahead of time. professional traders look for opportunities today, so, for me why i'm going with gdx, gold. a couple big mac crow events coming up the next couple of days, particularly the ecb, the dollar looks long in the tooth here, i think you have an opportunity to buy gdx. >> isn't that, in itself, a protection way, gold miners depending on gold, that is good for the gold mimers? [ overlapping speakers ] >> my point is that we sit here every single night and say buy puts, buy that, the mark it's down 250 points, all of a

sudden, doing protection plays, that's the wrong time to be putting on protection. i think that's what doc was getting at, saying do a call spread because you can see this come in. professional traders are always lacking to take the other side. >> all right. time now for pops and drops, big movers of the day i got to drop the ford, down 1%, weak auto sales, tim? >> weak auto sales, talked about this expected september to be not so great. what we are seeing for ford is the levels we touched down at the beginning of the year, 1440 level, a stock i don't think you need to buy tomorrow but continue to tell you i think the value here is there for ford. >> angie's big pop 19%, considering a sale, according to the "financial times." >> got to do something, the stock has been in this down drift for some time. up 20% today. huge short interest in the name, probably lasts a couple more days, i think yelp, lousy day today, think that's where there might be some interest. >> drop for ebay, down 2%, several firms downgraded the stock on the heels of the paypal spinoff. >> this one actually reminds me a lot of yahoo!, everybody talking about what do you have

left once paypal's gone? there is still something there. so i don't think you follow these firms and sell it the upside, who knows were it is, certainly the big catalyst, but if you're in it, don't get out of it think still more upside. >> pop for event signs after bumped to a strong buy. doc? >> tablets, smart tvs, smartphones, these guys make what makes that you happen as far as the ease of use. and inven sense, i like it i don't own it i wish i did today. still ahead, huge crowds in hong kong as a protest for democracy continue into china's national holiday. we go live to the ground right after this break. plus, dr. j tell us why traders are betting on energy despite the decline a very special unusual activity and that's coming up. big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets.

what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac. see you tomorrow, sam. just another day at norfolk southern. tdd# 1-800-345-2550 [ male announcer ] your love for trading never stops, tdd# 1-800-345-2550 even on the go. tdd# 1-800-345-2550 open a schwab account, and you could earn tdd# 1-800-345-2550 300 commission-free online trades. tdd# 1-800-345-2550 so when a market move affects one of your positions, tdd# 1-800-345-2550 schwab can help you decide what to do. tdd# 1-800-345-2550 with tools like free live-streaming cnbc tv

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[ sighs ] honey, haven't i asked you to please use the -- we don't have a reception entrance. [ male announcer ] ship a pak via fedex express saver® for as low as $7.50. time for unusual activity, dr. j is watching patterson energy. >> we are, melissa, october 34 calls today, somebody stepped in, bought about 2400 of them in one single block. they stayed active in that strike, focussing in like a laser on that strike. october 34. now, they do have earnings

coming up toward the end of october, i think the 23rd a land-based driller, look at anybody else in the space, down anywhere from 14 to 25% since late july. that's when most started to slide off this cliff. somebody made a big bet today. normal activity is about give or take 400 contracts a day, so to see 20 times that amount changing hands, almost all of it at one strike, tells a bet going into earnings -- >> did you get on this? >> yes, we did. pete and i bought it today. pro-democracy protests raging on in hong kong, unrest spreading to the resort area of macao. yesterday, mgm chairman and ceo was asked about the impact on his company's business in macao. >> it's an unknown, to be honest. we really don't know what the impact will be, it's tough to watch those videos. no doubt, any destruction in

hong kong will negatively impact people coming via hong kong into m macao. >> turn to pauline shoo live on the fast line. what is the sense in terms of how far it's spreading, the protests? >> melissa, still tens of thousands of people on the streets right now and 5:50 a.m. in the morning. but it is very calm. which didn't have any incidents overnight. this demonstration was spreading, originally, in several areas such as central, admiralty and causeway bay but now it has spread to canton road which is on the side and this is a stretch like fifth avenue in new york city. this is where all the luxury retail shops are, like cartier, louis vuitton, et cetera, prada. this is a huge blow to the retail space because we are in golden week, which is a seven-day holiday for mainland

visitors. these retail shops expected visitors would come and buy up the stores. in fact, one-third of hong kong retail sales come from mainland visitors, you can imagine, this will be a huge dent in the retail space. now, the question is just how long with this be sustained? you have major thoroughfares blocked, here in admiralty in gloucester blocked for days, now canton road, hong kong back for business monday, i think that is the critical day to look out for to see whether or not police come in and try to clear the roads. right now, melissa, the police are keeping a very low profile. the first multinational company, l'oreal, issued travel ban for employees to travel to hong kong because they say they are just worried about their safety. could far, haven't seen incidents, it's fairly calm. >> pauline chiou in hong kong for us. tim seymour, what point do you

get concerned this will in fact, hit the luxury retailers? >> when it goes to the mainland. the strategy is the governments to wait this out and that makes sense through the holiday period, as pauline talked about. the are. the luxury trade more resilient than this event. you can tailed these, this environment, i don't think you need to jump into t an alert here on new link, the biotech company working on an ebola vaccine, shares of the stock down 2% in the after hours after the cfo, gordon link, resigns from the company, effective immediately. some of you may have noticed i tweeted out the ceo would be joining us, he canceled his appearance. that may be a coincidence. he canceled. not on the show, the cfo resigned. nasdaq 100 taking a beating today but the floor is in. we break down that trade, next. you do a lot of things great.

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liberty mutual insurance. on a tough day for the nasdaq, options traders placed big bets the worst is over. mike khouw, what did you see? >> this is interesting, normally see the market get volatile, a 1.5% move today, not surprise to see unusual put activity, saw in the spx and the ndx, nasdaq

index, there saw four times i the average daily put volume, interesting thing is one of the largest and most notable trades was is a i'll of the october 36253600 put spread for 60 cents that seller was taking in a credit of just under 2.5 million dollars. maybe the same participant who told 50,000 spreads on the spx for about $3 million in premium. in is the kind of trade one place it is you're not concerned it's gonna get through that strike and down to the lower ones. this trader thinks the worst is behind us. >> catch "options action" every friday, check out the website, optionsaction.cnbc.com. all right, you tweet it, we trade it get some of the tweets you sent to our crew for beakers, why is blackberry up? >> well, good question. it was up barely today and down day, but early in the morning up

over 10, 11 or so. inversion play probably off the table at this point in time. the bottom line is fundamentals improving with this company, john chen turning it around, doing what he said, this quarter coming up, should go cash flow positive, a big move for blackberry. >> a simple tweet and enjoy simplicity on the show. a economical use of words, 120 characters, we urge people who tweet us to use the 120 characters. >> i think you're lecturing this. >> 140 and actually ask us a specific question instead of what's up with -- >> trade school right there >> honestly, we are here to help you. let us. >> nice. >> next one, tweet. a little longer. john, should i sell active vision, why is it so low? >> i wouldn't sell active vision here, down like 14% in the last month. just announced 350 million sales

of destiny, big video game they have, why it's down, seems like a good number to me, 350 million in sales that quickly, be a buyer not a searle. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. your customers, our financing. your aspirations, our analytics.

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time for the final trade. tim? >> so pinnacle foods, pf, a name that both some takeout candidates and the packaged food space is in play i multiple trading higher, i have been trading the stock around, i'm gonna buy it back. >> dr. j? >> okay sin dental petroleum, oxy, traded under 95 today. i think was beaten up with the energy names and one i'd buy. >> brian kelly. >> so, last night, i mentioned that over 50% of the world, cocoa production comes from west africa, particularly sierra leone and ivory coast. so, i bought cocoa today, down 3 1/2% or so. this is not necessary letter on cocoa's gonna be a problem but perhaps travel restrictions, nibs your etf. >> beek?

>> hi there i love the way -- costco traded well today, all things equal, let down less than half a percent, into earning, i think costco a buy. >> i'm melissa lee, thanks for " "mad money" starts now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now. >> hey, i'm cramer. other people want to make friends, i'm trying to save you money. i want to entertain, educate, and teach you. call me or tweet me. corrections? they're a process. think of these