little bit flat and lackluster but high for the week. >> yeah and kind of a push for the month and also it's a friday before a long holiday weekend. wouldn't surprise me if the meme stocks calm down, seems it's started up again, guys. >> and not going to listen to you once again it seems. >> it's sort of my life yeah. >> that does it for us on "closing bell. "fast money" begins right now. i'm melissa lee and this is "fast money", tonight's trader lineup, guy adami, tim seymour, steve grasso and pete najarian tonight on fast, the rally that's built ford tough, shares of ford seemingly unstoppable, gaining another 7% today, the stock up 19% in just the past week, at what point do the wheels start to come off this epic run we'll take you inside the trade. we'll all over shares of salesforce, the stock popping as the call is under way, we bring the headlines for the quarter. and later, amc, shares soaring

35%, is this the moass mother of all short squeezes, as i heard on reddit. we start with ge, spirit, trans digm -- phil kicks us off with the details. >> hey, melissa, when air bus does something basically predicting where the industry is heading the others move, that's the case today, boeing moved higher, and air bus said get ready for amp for a 320 the counter to the 737 max it's the bread and butter at air bus and they want suppliers to get ready. for how much proud uks will increase, they currently build 40 per month by the fourth quarter want suppliers to be ready for 45 per month. by 2023, first quarter, they

expect that to get to 64 that will eclipse where they were at the high-point in 2019 and they want their suppliers to investigate the possibility of getting up to 70 -- 70, a-3:20 per month in the year 2024 there's increased optimism about the max. deliveries have recertified after the latest electrical issue was fixed. orders have been increasing, moving shares of boeing higher. we've seen the same from the aviation sector overall, whether ge, because of the exposure with the engines they're building, trans digm, spirit, all have moved higher in last couple weeks. underlying all of this is the increased optimism that air travel will continue to grow worldwide, especially in the united states, starting from here through the next couple of years, so that's why you look at all of the major

airlines moving higher in last couple weeks melissa, this is one of the signals that when they happen whether from boeing or air bus when they tell suppliers, giddy up, we're going higher, everybody pays attention >> phil, thank you we outline the stock moves, guy, after the moves on the week, how do you trade this one. >> i'll let tim talk about boeing, he's been on it and steve's been talking about 2021 for general electric but way i see boeing, series of higher highs and higher lows since the march low of last year, to continue will need to trade at 270 phil thinks it can do it but he mentioned spirit aerospace is where you want to be, we've talked about it for months, it pulled back few weeks ago but back at $50 level. i think it will take out the high of 53 they just reported earnings. phil said boeing gave the all clear to suppliers and the one

that wins in my opinion is spr. >> tim, can we look to boeing 446 as not too far off that was of course the all-time high in boeing just before the recall or grounding of the 737 match. -- max. >> i think the company is very far away from a pre-cash flow generation that's what it was, a free-cash flow machine -- i think the company still has a long way to go to get back there. the order book is impressive at least on a relative basis we know that ultimately, you know, the buyers have two places to go, right, air bus or boeing. and the 320 has arguably been a superior product leaving aside the misfortunes of the 737 max i think as guy talks about the stalk we need to clean that 275 area out it's done very little lately

if you listen to air bus, you have a case they've been very conservative on their guidance reluctant to increase their guidance, boeing as well, therefore, i think there is more room for the upside. the comments today for on splooiers to -- suppliers to build up demand, short and me medium-haul demand is growing and you get the sense they're comfortable about longer-term routes and bigger planes and what it means for the airlines too, as part of this trade i think european defense stocks are cheaper than u.s.-defense stocks, that's something for investors to look at b, e or ultra, and i am long boeing. i like this trade. >> if you want to go downstream, spirit and pure electric not a pure aviation play how do you gauge going away from the air bus a little bit down. >> well, if you look at ge,

everyone talks about power with ge, it's not a balance sheet problem with ge any longer but aviation is 25% of the revenues for ge. so i'm long it it's a bigger position in my portfolio, not the biggest i play it that way if you go a little bit more downstream, to your point, i'm out of spirit. airlines right now i think jet blue, spirit, that was the easy money now it gets difficult. do you go with international is international coming back are people going to be in front of zooms for the rest of their life do you go with delta united american airlines? that's probably where you head but i have one you wouldn't think about talking about avis if you look at the fleet, that's what you should look at, fleet, pricing and availability for a rental car

there's two things going for it right now, you can't find a rental car going into this long weekend, and fleet prices are moving higher stock is up 130% year-to-date, it's got a decent amount of short interest last time i checked, so people don't believe in this stock which means it could ultimately go higher but i think that's a play that most people don't think about in the transports and that would be the rent-a-car business >> yeah there's a lot of trades up stream and downstream from boeing and air bus, pete, how would you trade this news out of air bus? >> yeah, i'd go right to boeing. i think tim really stated it very nicely when he talked about the free cash flow, that's a big deal and i think they'll return to that maybe sooner than tim thinks it will, either way we're looking into the future and we trade on what things are looking like when gary kelly starts talking about what this do demand-wise

he's seen demand come his way and is pushing it towards boeing and the orders for southwest are extraordinary so when i look at boeing and the options world, everyone is more and more bullish as time goes by, i don't think we'll return to the 446, or whatever those highs were, mel, because we started to get a little bit sloppy. what i mean by that was, we were talking about this stock all based on the free cash flow and nobody wanted to look at pe's that type of thing i think people will be more cautious about that end of it, that doesn't mean it isn't a stock that could easily be 300 by the end of the year. >> tim, how about perhaps leisure travel, the rebound there is already priced into the stocks and maybe we should be pivoting to look at the return of international travel. >> well, i think it is largely priced in and it's easy to make an argument that a lot of the

earnings profile already is priced in to have included airlines, especially when you look at their 2019 numbers and when you actually then consider the enterprise value of these companies that are largely bigger across the board, some more than others, you essentially got a proportionate earnings profile that is priced in, entirely the airline mobiles aren't terribly cheap i think the international business will be a driver. the mint we get headlines on trans continental will be an exciting day do agree we priced in a leisurely, in fact, very strong recovery but there's catalysts that may not be fundamentally reflected in the share prices. >> where is there still value, guy, in the travel reopening of the economy trade, do you think? >> i don't know if it's value but i got to tell you, the sell off in air bnb is interesting. it's given an opportunity -- if dan were here he'd laugh at me

and talk about priceof valuation those things -- but the business model makes sense, they've figured out how to run more efficiently listen to what they've said last six to nine months tim mentioned delta giving an opportunity, traded up to 52 few weeks ago and pulled back to 45, delta might be on the next leg higher on the back of this news. air bnb and delta for a trade. >> and delta is also exposed to the business travel, of course pete najarian same question to you, where is there still upside in this travel reopening trade >> yeah, guy, i agree with guy on the air bnb as a pocket because it's actually come back s. on air bnb as a possibility. because it's come back down-to-earth. as the airlines, you know, we were just starting to fill up these planes now and as we go forward and look at the demand, the demand

is there, matter of fact, people are almost angry when they have to wear masks on planes, the rest of it we'll get past that. i think we'll see air travel continue to grow, i do like delta a lot, i think other names are out there, american airlines we see consistent option paper, i throw that in the list of names, we haven't seen as much in united. so i'm not sure what to think of united right now but certainly delta and american stand out in terms of the airlines, especially because they have such a gigantic international element as well. >> all right coming up we're all over after-hours action of shares of salesforce and costco and ford shifting into high-gear, the stock rallying another 7%, now up 18% over the past week. is this red-hot ride about to hit the skids? stick around to find out, we've got much more "fast money" after this you need a financial plan that fits the way you want to live in retirement.

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comcast business securityedge. plus, for a limited time, ask how to get a $500 prepaid card when you upgrade. call today. welcome back to "fast money. we've got an earnings alert on costco, shares are volatile after-hours, the call is under way, let's get all the details, hey court. >> hey, melissa. another strong quarter for costco, wholesale beating on

wide margin total comparable sales including gas and impacts from foreign fx up 20.6% the u.s. alone saw comps grow 18.2%. remember this is basically compared to the big stock-up pandemic quarter last year total e-commerce grew 41%. on the call, traffic up 40% worldwide and average transaction grew more than 7%. for gross margins did fall he's talking about the products mix and how it's changing now to a more normalized mix compared to the stock-up quarter of last year back over to you. >> courtney, thank you costco shares down over 7% right now. tim, what do you think of the notion of returning to a store, you need to do that for a costco. >> and i think people are ready

to go. >> yeah. >> if they're pent up getting on a plane, they're going into costco i think part of the dynamic, the e-kmerms sales are impressive u the food comps holding up over 20% is great y they want to be in food to get into broader general merchandise. like that story. like the margin story. at some point the stimulus is going to end the comps over the summer were really tough of for a stock that rallied 25% into those lows really set off the first-quarter announcement and you have a lot of good news priced in here they've been executing over and over again and i think will continue to. >> no more stimulus is an interesting dynamic in the back half of the year guy, you strike me as someone who might go into a costco, have a couple samples, get a palette

of toilet paper. >> yeah people my age when they get a palette of toilet paper call it wishful thinking, number one, number two, what's that show with o'leary and mark cuban. >> "shark tank". >> yeah, you got to follow pete najarian around costco watch him sample food there, he will spen seven hours and not buy a damn thing, it's fascinating. listen, it's a really, really strong quarter, there's nothing not to like, with margins 3.7% is a lot more than what the street was looking for what concerns me, valuation, 33 times it last year's number and valuation traded to 390. remember last year from 390 down to 300 here we are again. it absolutely has to close above 390 for the next level

i think you take prafts profits. look for the pull back of last fall. >> 33 forward is quite a high valuation. grasso, you raise your hand which sunshine. which is unusual you're a blurting kind of guy >> yeah, when i look at the stock price guy referred to the 393 november 30th high, $393 and change it looks like during the day you wanted to make a run at that post-earnings, i think everything in this earnings report is positive and when you look at the retail space, when you look at the technicals on this stock, the 50-day broke through the 200-day to the upside that's called the golden cross in technical terms this is a stock that has huge tailwinds behind it. the greatest chart in the space is target. but if you ask me would you rather, which you didn't but i'll answer it anyway, costco is my one of choice here.

walmart flattened and plateaued. target looks like it wants back in, it's in nose-bleed territory but membership fees up $911 million is up 11% by the way people are in stores, there's lines around the block for costco and home depot, they have been in that store way before the vaccine was rolling out. costco will be a winner going forward. look for new all-time highs. >> two things will look different when we return to the nasdaq which is by the way next week, the need to raise hands will go away at least two of us will be in person and the self-would-you-rather will probably come to an end because i will kick the person who does that you heard it here on air. >> six feet, better have long legs. >> you know i will find a way. pete, do you want to defend your

honor when it comes to grazing costco samples and stretching your membership to the fullest extent. >> let me tell you, guy is 100% correct. when i do boots on the ground that's what i do, i go from spot to spot, i can spend three and half hours there, it feels like thanksgiving i will tell you this, the problem i have with costco -- i know it sounds bullish -- the problem is what was pointed out, when you look at the multiple it's difficult to say i think the stock can outperform because i think that multiple is way too high at this point same is true, i think, for walmart because there's where target discussion comes into play look at target, even though it's hit an all-time high every day for the last week and half, how about it trades at 18 pe, and they have great margins. i like the space, the big-box names, home depot and the rest, but i think the reality here is, that multiple for me makes me think there are better places i can get better performance than costco. >> all right

up next, ford going full-speed ahead as investors get bullish, even more bullish on the automaker's ev bet, is time to pump the breaks on the blow out. and beyond meat stock might beat the next reddit arget, it is right now actually and salesforce earnings numbers on how to trade the move. much more "fast money" after this tion. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. age before beauty? why not both? visibly diminish wrinkled skin in...

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welcome back to "fast money. it is a seemingly unstoppable rally, ford share stock up 19% in just the past week, doubling down on electric vehicle, prompting a big upbreak the stock sitting at a six-year high is this electric rally

sustainable or running out of juice? tim, yesterday you said stock still didn't look expensive. got more today, but is expensive >> no, it's not expensive, especially in ev-land and as dan likes to say with a little tesla pixie dust we talk about three times ebitda was at least what the analyst was quoting, i would make a argument you put a 10 to 12 multiple on the stock you are still an 18, $19 stock, and that's after the run we had. if you are playing relative value or trading between ford and gm, it is probably time to fade ford and get long on gm, which i think fundamentally is not difficult to do, i have a position in both but bigger in gm ford outperformed gm by about 36% since the bottom of the spread in january 19th this year, before that gm had outperformed ford by 35% going back to last july.

so i think, you've seen the sentiment go back and forth between these two names but either way the back drop for both companys profitability and then multiple enhancement. >> sometimes, guy, we play a game we show a chart and don't know what stock or asset it is and say would you buy this chart. if you saw ford's chart, not knowing it was ford, would you like that chart? >> yes but you got to go back eight, nine years, by to halloween, by the way, boo, when it was 13 a stock i know you're a fan of the show, one thing tim addressed you slap a multiple 1.75 on 1.50 stock -- guess what happened today, melissa lee, you don't have to guess, we don't have much time, rbc capital initiated the stock

with $17-dollar price target funny how the math works i think it goes higher from here. >> what's the best ev play, steve grasso >> i don't know if you want to buy -- well, you definitely don't want to buy a ford as far as an ev play or gm on an ev play, you have to buy tesla if you believe in ev -- >> why but why? they're going to make a lot of ev's, 40% of ford sales globally will be ev's eventually >> right how many combustible engine cars does tesla make. >> zero. >> i would rather play the direct play in ev. but the problem is you have too much noise around bitcoin and you have too much noise about the ceo who is great as a tailwind and probably just as good as a headwind, but when you look at ford, the chart, it extended itself over the 50-day

moving average about 38% back this january it's extended about 33% now. so i like guy's number of 17 as a price target i don't think it gets there. i actually think it gets somewhere in the mid-zone from here and 17, which is a pretty tight range, and backs off 15 to 20%. i would look for a better entry. i don't want to buy a ford or gm based on ev, i want to buy them on valuation valuation is based on growth, good enough reason for me. >> mike khouw with options activity, mike, what are you seeing >> quite a lot of options activity, with only 30 minutes to go this already traded more than three times the daily average options volume, it got to four times the daily average options volume by the and of the day trading close to $1.2 --

1.2 -- call actions looking at the action further out to june 4th, expiration next week and out to june regular expiration, the 15 straight calls we're seeing the most activity 50,000 traded with 30 minutes to go 57,000 traded by the close they were paying 60 cents for those. buyers say obviously the stock had a big move but if it was cheap at three times ebitda doesn't mean it is as expensive ten times, those people are playing six times ebitda but betting the stock goes up six% in three weeks >> pete what do you think of ford. >> i was lucky enough to be in ford because of the unusual options activity may 20 and 21st they were buying june 4 strike call really aggressive buying mike's talking about the june 15th, we're not seeing a lot of activity much higher than that

17s are starting to see a little bit of activity but a lot of it is ultra-short-term. i view it as trade i'm a trader i've taken off a piece of it, will probably take off more tomorrow if we hold above this $15 level. this is a trader's market, no doubt about it, mel. but people are not really showing that they see much more. so i'm expecting more of a pause from ford over the next couple weeks or so because of the fact we're not seeing people extend up and going out in time and buying the upside, not anything close to what we're seeing in the near-term. >> that gets me to the next question, guy, what is the next catalyst we had a big grand plan of ev-strategy. we had a massive run in the stock. now what to pete's point about a pause >> pete might be 100% right. it might pause for a while, maybe it pulls back to 12.5 or 13 i think the catalyst is

valuation. where can people find value and growth, i think it's in ford even on themargins you get margin expansion you're talking about $17.50 we played it with gm many months ago in terms where it could trade up to. to push back on steve, how many combustible engines, zero, i would push back, apparently they make more than a few. >> i'm sure many will dispute that saying regular combustible cars also burst into flames occasionally mike, to the point, right time at the right time, in the market this is value would you a agree with the assessment on ford? >> i do agree. one of the big issues on tesla is they are getting credit money from the companies producing internal combustion engine so as these guys start producing more electric vehicles it is an

upward catalyst for them and downward pressure for tesla which collects $1.6 billion in revenue full year on the sales of those credits to these other companies. that's the thing that obviously creases pressure for tesla and support for name like ford. >> mike, thank you mike khouw, we'll see you tomorrow for the full show "options action" 530 thanksgiving e "options action" 5:30 eastern time still ahead beyond meat, tell you how the traders are trading this name. and salesforce under way, we'll tell you what eyth're saying about the quarter. don't go anywhere, much more fast after this. i have an idea for a trade. oh yeah, you going to place it? not until i'm sure. why don't you call td ameritrade for a strategy gut check? what's that? you run it by an expert, you talk about the risk and potential profit and loss. could've used that before i hired my interior decorator. voila!

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welcome back to "fast money", shares of beyond meat heating up today, the stock soaring more than 12% after bank of america said it could be the next target in the rebellion, the bank on wall street bets, cramer also 22% shortage risk up now 14% this year. i will go to the trader, the only one on this panel,

i believe, who is actually laughing at this whole notion. tim, laughing at this whole thing. openingly laughing. >> meanwhile, the laugh's on me if in fact certainly thank goodness i wouldn't be short any of these names but my argument that a gamestop and even amc i said yeah i love going to the movies but it's a broken business so why even bother. so the stories around reddit and that as a catalyst, and, i can't believe analysts aren't even using that as a fundamental catalyst because it's not. again, you can laugh at me all you want, and i said something last night, i think the stock, it was up 30% today. >> it's the notion, i'm getting at it's the notion that this is a factor in trading, right, that is laughable. >> right. >> and yet, it is. if you're an analyst don't you acknowledge this, i mean, steve

grasso isn't it hard to ignore a 22% interest in this day and age if you are an analyst? >> absolutely. and i think analysts have been forced to realize what these stocks are if i tell you home times i have a big family and how many times college-aged kids are hitting me on text, asking me about all of these names, one of which i'm still long, virgin galactic which has 26% short interest, i bought it at 15 and change, it rallied all the way up to, i think, 60, and then turned around and wanted to head right back to the level again where i first bought it and now they had one successful flight, short scramble to cover, and this is one of the names bank of america is talking about as well definitely the focal point for the conversation has been short interest you have to pay attention to it.

>> for this story, before wall street and reddit became a force in this market we were talking about alternative meat, the desire to shrink your carbon footprint and eat healthier, et cetera, there were factors behind this. they have a new tie up in china to make the spicy beef wrap at yum! i know it's something you will never eat. never >> of course not how many timeshave you heard m say, it the product doesn't sit well with me but i do like the stock. jim cramer mentioned it and they have this relationship with kfc china, now the folks in mainland china can enjoy what i experienced when we did our taste test years ago, i think the stock will look at 190 couple times, and i think you own the stock into earnings in early august if memory serves. >> maybe we'll reinstate the taste test when we're reunited

coming up, shares of amc, talk about reddit staocks what's driving the blockbuster move and after-hours salesforce call we will tell you what they're saying about the quarter as we head out cnbc contributor has a message as cnbc celebrates asian-american pacific-islander month. ♪ >> you always have to speak up what does that mean? you know, if you're seeing an incident of racism, if you're seeing a slight, not just against yourself or other asian-americans but against any minority group, speaking out and having alliship with fellow people of color, i think, is incredibly important and necessary for the future when sending a text at 3am... ...is something you won't regret. craving pizza.

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♪ welcome back to "fast money. we've got an earnings alert on a-symptomatic, shares of salesforce shares of the cloud company, what are the details of the call. >> ceo marc benioff kicking off the call with a lot of

excitement over the first quarter earnings better than expected and up full-year guidance and second-quarter guidance shares up 5% here but 4% after-hours saying this was the best quarter in the company's history and quote demonstrated strength and durability of that business. he also mentioned salesforce' deal to buy slack, no answers when exactly that will close, he did say when the merger is approved they will make customers more productive saying salesforce has never been better positioned for future raising full year guidance on track to hit $50 billion by 2026. first quarter grew to $5.96 billion. another big headline salesforce big dreamforce conference is coming back in person in late september attendees will have to be

vaccinated melissa back to you. >> kate thank you. jim cramer is sitting exclusively with marc benioff on "mad money." steve where do you go with this trade? >> when you look at it i'm not happy with the chart if i go back to september 2020, it's at a series of lower highs, definitely did sort of what this to do post-earnings print. the 237 mark is the recent high t this -- it had, it flirted with that post-market close when you look at the chart where it lives, the stock's done nothing this year, it's a product of growth being out of favor and value in favor having said that, they're very inquisitive, i guess they bought four or five in the last couple years. i think they can buy profitability. but if i was forced to make a call on this one i'd rather stay

clear of it. i think we're due for some lower prices i don't like to bet against beniof but i'd stay out of this one. >> it's in line with ivg software because it was in theioning of the high-valuation name it squarely falls in there, guy, at what point do you say salesforce is worth a buy? >> yeah, it's interesting that benioff said it was the best quarter in the history of the company, he knows better than i do, but last year in the fall there were ridiculous quarters and steve's right a series of lower lows and lower highs and you get close to 235 that trend is broken. i think you get close to 235 buy the stock looking for the moves of the highs we saw in september. >> more on the results let's get to tech specialist at jeffries, great to have you with us. what stood out about this

quarter? >> it was a very solid quarter all around what you're seeing after-hours is more of a relief rally than anything else, it's a difficult and choppy software environment as you guys have noted and even today anna plan down 12%. workday down 3%. it is more of a relief rally in the context of a very strong quarter, revenue up 20%-year on year -- crpo, the best metric in terms of the business order nate performance obligation, booking metrics is up 20% year-over-year, slightly ahead of expectations. you're seeing the stock fading right now, on the conference call they're talking about the guidance for cpo including 300 basis points for slack contribution it's net out to a a little bit of a guide below q2 they were talking about margins, i heard benioff mention margin ten times that's the key in

terms of performance if you get the margin inflections you will see the price fall through from a multiple perspective. >> when you say choppy environment for software, do you mean the dynamics of the mark, software is out of favor right now, is -- >> when we look at the survey work we're doing, in the latest crm survey we surveyed 55 partners and 100% partners said the pipeline were flat to better versus the last survey so the survey work showing it's incredibly positive the momentum of the business environment. more so the steepening of the yield curve and relationship of growth and value and software out of favor versus the other cyclical sectors is what i was referring to. >> they have great cash flows, an amazing amount of cash, should they use that cash to acquire or in a different manner

right now? >> so if you look at the vision that benioff has laid out it's really hard to bet against him they've done incredibly well with mulesoft and also tableau as they mentioned that accelerated growth. if you look at what's happening at slack, last quarter was the best paid-net add quarter ever. he has a vision. we should not be betting against him. he's getting this company to scale and taking on microsoft from a competitive landscape press aggressively with their team's offering. i think he's supplying in the right manner it's just a question of whether or not get operating expansion associated with that. >> 70% of revenues come from the u.s., 20% from europe, 10% from asia i were to look at this as an opportunity with europe lagging behind the u.s. as far as

reopenings and coming back is mr. benioff focused on the u.s.? or is he focused on the opportunity where i would see it as a tailwind for europe and asia >> great question. u.s. software companies in general are over index to the states for the most part but salesforce is a unique kcompany with such a global presence and untapped opportunity he's looking to go after. it's a great point, you look at the economies locked down that will hopefully reopen in the net next six months should serve as a tailwind to salesforce in the back half of the year. as i mentioned before, they're doing a global dreamforce event, shouldn't under estimate getting all of the partners together, could be a catalyst in the back half of the year. >> what's the software stock to best weather this riding

interest rate environment. >> when you think about the broader environment and shift out of growth into more value platform, you know, that's why -- you know, salesforce is such an interesting name because it's not that expensive, right, it trades 5930 it's trading at 30 to 40% discount to its peers and multiple digit ep and i throw other names in group that benefit from large cap software, you think of microsoft, adobe, intuit, names with real free cash flow support where if rates back up to 2 and quarter on the ten year you don't get hurt as much. >> jared, thank you. >> thank you. >> tim seymour which of the names in jared's basket do you like the best. >> you don't run far from crm, to his point, i nail it around 6 times ebit sales with the

growing margin profile, the investment in slack and platform growth of slack it's not really expense itch if you expensive. if you look at the stock, the volatility, the growth to value dynamics, some of it, this company went into the dow industrials which we beat in terms of price weighted index but crm was massive along with strong number that's guy referenced so four moves of 15% or more on draw down since last september i believe the worst of that volatility is behind us >> all right coming up, add the popcorn, there's a major hollywood sequel playing out in shares of amc and one of our traders got in on all the action all of the details when "fast money" returns

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welcome back to "fast money. amc topping the tape, the stock surging almost 36% today, it is now up 111% in just the past week pete, you're in this, you are in amc, despite tim's laughing at this storyla, laugh, laugh, lau yesterday. you're in this one. >> yeah.

i've been in and out of it multiple times i did get back in again today, part of the reasoning, mel, the volumes are just too strong. this is truly a trade and i think we have to embrace what the markets are giving us right now and start in january, obviously, gamestop, an attack on very high short-interest type plays and now bringing in another one, beyond meat working forward as well. amc today 3.3 million contracts, to give you a reference that's seven types normal normally you don't see amc anywhere close to the top five or ten it's interesting to see that the volumes, 65% of that was on the call side. a little bit, you know, a little bit less than 40% on the put side i think that what we have to embrace is the markets we're in now and the hybrid market that's have been created which is more and more people with access that want to trade and they get involved, options definitely

gives them an opportunity. it's amazing how fast things can move to the upside and the down side i try to caution people all the time these names are very, very volatile you have to understand that and you have to understand exactly what the risks are going in. i think more and more people are getting a better understanding and more educated about the derivatives world because it's a great spot to be. >> yeah. >> i tell you what, these are truly just trades. >> here's the risk, next week will be a shareholder vote whether amc should issue another 500 million shares, guy adami. there's a couple ways to do it, dilute it to current stockholders, would be bad or positive they raise more money to bolster the sheet, knowing there's a reddit twist here. >> go back in history they did 43 million share in $9 change and seen the stock since pete brings up a great point

ide push back and say clearly the company didn't see this move coming because they wouldn't have done it at $9 and change. my sense, if they do a secondary of that magnitude the stock will sell off, but in this environment, who really does know, melissa, maybe amc should make a movie about a. mc >> it would be a nail-biter. coming up next, we got your final trade. seismic or small it continues. (♪ ♪) change is all around us. (♪ ♪) shaped by technology and human ingenuity. we can make it work for you, and your business. let there be change. accenture. hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this... your mover, rob, he's on the scene

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time for the final trade, let's go around the horn, tim seymour. >> yeah, disney, this story, the chart is starting to recover the reopening is strong for the company. amc needs disney all day best content in the business. an evaluation i like. >> pete najarian. >> i'm going with gap, great guidance from earnings and i think the stock can continue to go higher. >> steve grasso? >> ge, i'm going to leave it where we started conversation. it's got to close above that march 9th level of 14.41 i'm looking for 21 in '21, ge. >> nice ring to it guy adami what do you say? >> i told you 21 in '21, i

started the show i'm looking forward to seeing you tomorrow on cnbc "fast money" and "options action", mel. >> thank you do you have a final trade. >> looking forward be here -- yes, i do have a final "fast." see you back here tomorrow night. "mad money" starts right now >> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica i'm trying to make you money my job is not just to entertain but to educate and to teach you, so call me, or tweet m me @jimcramer. at first blush, might be the most important and dangerous