what worries people a little bit about small caps which are domestic if the concern is about a global slowdown because of the delta variant, what are the small caps telling us there plus we've seen lower treasury yields which is a sign of lower growth we'll see how the market takes new data krug claims tomorrow. we'll wrap it up thank you, scott always good to have you here, even not in person that does it for us on "closing bell." "fast money" begins now. live from the nasdaq market site in times square this is the big show "fast money. i am dominic chu in for melissa lee tonight and your trader lineup for the evening, dan nathan, guy adami, tim seymour and karen finer man as you're seeing right there tonight on "fast" we are tracking the after hours action in shares of robinhood, nvidia and cisco as well. all three stocks on the move as you can see right on the heels of earnings reports. we are going to break down their respective quarters straight ahead. plus, x marks the spot

shares of u.s. steel in rally mode today up 4.75% in the trade. how are traders playing this 4% move higher? later, one of our traders is calling this chart the best looking one in the market right now. why they think a breakout is building in that mystery chart that's coming up we first start with that earnings triple play as i just mentioned. robinhood, nvidia and cisco all on the move in the after hours session. robinhood down 5.5%. we've got full coverage team wise of each of these names. christina is standing by, josh lip lipton is digging into nvidia and let's start with leslie picker with the first on robinhood. why is the stock down? >> yeah, dom, as you mentioned, down more than 5%.

robinhood said 60% of the net cumulative funded accounts were trading in crypto during the second quarter that's certainly trickled down to the top line with transaction based crypto revenue accounting for $233 million in the second quarter compared with just $5 million a year ago now there was also a decline in

the average revenue per user figure down $3 to 112 in the quarter compared with the same time last year dom? >> leslie picker, thank you very much for that. let's trade some of that robinhood action right now if we take a look at this, guy, i'll start with you on my left this is a stock that has been very much a focus of so much trader attention because of the volatility that we've seen is this a dip that's worth pieg for the traders out there? >> i think so. first of all, it's great to have you there. each morning you put out your top tickers. i happen to notice robinhood happens to be there every single day. it is down big but it's not even down as much as it was up during the day. so we're effectively unchanged from yesterday's close people are going to say too much crypto 89% now crypto in terms of revenue, 67% of dogecoin red burn and analysts put out a notice saying the average customer count is going to be

north of $8 billion. they think they get up to 40 million accounts i don't necessarily get it but i see what's going on and i think you buy the dip in hood. >> dan, 2.7 million shares have changed hands in just the after hour session right now it shows there's a lot of interest there's no doubt there's a lot of interest here is this where you wait for things to settle down, give it a day or two to jump in? >> i'm not sure there is something so compelling. the meme stock machine it became a meme stock at the end of the day if you were long on meme stock, that's good a lot of ceos want their stocks to become a meme stock with that comes a lot of scrutiny the focus on crypto is important. last year in q2 i think they had $5 million of revenues q1, $87 million. this one, 233 and a lot of that

is doe doge. that is not something i want to build a business on. the other aspect is options. we know this company has a checkered history with options trading, gamefy it assets under funding, guy, you can do that math it's about $4500 red yard, red beard. >> red burn. >> has $800,000 account. this is gaming now that's what this is. throw it in your fan duel, draft kings category that's what's going on. >> karen finerman, we've talked a lot about the gamefication of some of these types of platforms here and we do know from robinhood kind of anecdotal evidence and now even some of the evidence we've seen in disclosures that a lot of it was timed around stimulus payments last year during the covid pandemic is there a hope that robinhood grows its user base and gets more money per funded account even without government assistance being put in there so

this does become more of a i gamefication type of situation >> i think it is a gamefication type situation already and there is a lot of hope in it already that this isn't just a, you know, covid kind of, you know, beneficiary and that the hope is this is a new generation of traders, investors even the interface is sort of a gamefication it's really not for me the stock being down i don't think is -- i mean, they just came public three weeks ago. the stock's about 25% higher than where it came public. they did give some guidance that was not wildly different than where we are if selling off a little bit, i don't think that's a bad reaction the whole thing though is not for me i think of it as stock in the company that makes the magic beans because i -- you know, if we don't continue to see this kind of market, i think it'll be a difficult valuation here the one other thing, you know, i

don't like something that's so concentrated in its -- where they get their revenue from and also this pay for order flow that to me is kind of a bigger risk that i wouldn't want to take. >> all right so, tim, let's kind of button this thing up. it's one of the hot trending stories right now on our website. dan kind of mentioned it robinhood says dogecoin accounted for 62% of revenues in the second quarter crypto accounted for more than half of all transaction-based sales in the second quarter. is robinhood better or worse than coinbase with regard to people wanting to take a view on the cryptocurrency sphere, if you will >> i don't know if it's better or worse, dom. i don't see why having a predominant amount of the revenue coming from crypto trading is a bad thing don't we all believe this is going to increase in size, breadth, institutional prowess don't we believe all precovid as

it related to internet trends, stay at home, punctuated, accen accentuated, et cetera, robinhood was a story we were talking about three years ago. we were talking about their disruption maybe you're disappointed in where the growth is. being so critical that they developed faster in covid and that crypto's become a bigger part of the revenue stream, that doesn't bother me. there's going to be a dom coin coming dogecoin, dom coin, i don't care what coin it is. you're going to see them get a majority of those revenues coming from crypto that doesn't bother me guy brought up essentially the account size and where it may be in a couple of years look, the problem is the account size is $2500. that's not very impressive yes, stimulus checks were part of the gamefication of the market robinhood carved out a major niche well before stimulus checks came out. that's what you're banking on.

>> sell that dom coin if you ever get any of that stuff >> no. >> let's get more on the robinhood quarter. we'll bring in rick heightsman i mean, first of all, rick, i don't know if you've heard the conversation that we've had for the last five minutes or so here with regard to the pros and cons and what we should do with those robinhood shares but i'd like to get your take. >> sure. >> are you happy about this result or are you disappointed like the rest of the market down 7% after hours >> i look at it a little bit like the way guy did this is a very volatile stock. it will be up and down 5% as any meme stock is. so this can turn around overnight and the stock can be up in the morning. i'm less concerned with the immediate reaction but i tend to agree more with tim. this is a stock early in the development. as they were looking for the new

way for their generation to access the public markets and this is the beginning of a long, long arc of financial services turning over to the next generation of companies. >> so the next generation i think is what a lot of folks are referring to in the trade of roob bin -- robinhood. the modern account size, not the 6 or 7 figure folks out there getting involved >> yeah. >> that's a good thing but my question is how much more can it grow in the way that it's -- i mean, the model is payment for order flow the model is giving away better access is it one where you can get more people involved? >> i think you can get more people involved. you hope the wallet share grows over time. the thing i was looking for that i couldn't find was the average age of a robinhood account holder versus the average age of charles schwab and merrill

lynch. my guess is these are much younger people with much smaller net worth. that's going to grow over time as they grow and mature. wallet size naturally will go up you know, this is no different than the early folks giving credit cards to college students and building that relationship as that grows over time, robinhood will be their preferred financial partner. >> rick, you just mentioned the average age. we have this discussion about the gamefication that is the innovation, i'm going to do that in air quotes you were an early investor in draftkings i suspect you're an era, if you look at what people are doing on them, does it make sense that at that size? >> no. it doesn't feel gaming -- i

agree with you i've heard you talk about the confetti when you do the trade, looking for the little adrenaline, dopamine hits. i would put robinhood in that coin base type of bucket which has similar gamefication you know, you're winning, you're losing, it's red, it's green no different than the rest of the market you're trying to think about it in terms of growing your net worth but my question is robinhood, i would hope, that robinhood would slow down the things like the confetti balls to make it seem like this is kind of the serious way that you're going to manage your money. >> all right that's rick heightsman thank you for your thoughts. let's trade around those thoughts here, guys. maybe, karen, i'll start with you on this one first. you heard rick's comments. when you do want to byron binhood, if you do, at these levels, it's because you feel as though the future is brighter. what does robin hood have to turn into to make it more of an

attractive longer term secular story? >> i think it has to turn into the charles schwab of this generation i think robinhood, they picked a great name passing the baton from the rich to the not yet wealthy is really good marketing tool.

dom, remember heading into the stock it ripped higher surged 50% this year far outperforms the smh. it was only about 5% from the all-time high. now in the after hours heading higher here turning to the results, beats on the bottom or the top. q3 guide darns that's expectations of 6.5 billion. 67% versus expectations of 66% spoke with matt bryson at wed wedbush. it was better than street expected there were high expectations hanging to this print though matt says. this stock trucking higher right now. there's still as matt says some concern about whether that farm acquisition is on it they're saying q2 is strong.

gaming demand is outpacing supply, she says as for cryptocurrency mining in those new chips just for minors that they introduced, revenue 266. that is lower than the original estimate on reduced mining profitability she says they expect minimal contribution going forward. crypto is not a core business for nvidia it can help or hurt results. then for the data centers she says growth was driven by big cloud cover and like financial services and telecom thank you. >> thank you very much for that. tim seymour, let me turn to you. it's hard for me maybe not to make the connection here, but nvidia was one of the derivative plays because some of the chips they make were used in some of the mining rigs to get things like bitcoin out there, ethereum, whatnot. this is a stock that's up, looking at my screen, 55% over the last 12 months is nvidia a crypto story still

>> no. no i mean, look, it's a gaming and d data storage story the crypto has been a driver along the road this is a stock up 350% over the last couple of years, but coming into this print was below the 50 day for the first time since i think may or so. it's been a little bit heavy along with all semiconductors. yes, crypto mining has certainly been a feature for this stock. it hasn't been the feature gaming up 85%. that's the story that's a $3 billion business now and data center where they are competing in a competitive but a place where they can do it from a strength so the valuation is what matters here it's not great they've rewarded the high growth to this point. >> guy adami, it's $475 billion or thereabouts in market caps. it's the biggest chip company out there. is it one you feel you can still

grow with that investment and buy in now and feel good about it >> i think so. gaming data center, 5 billion of 6.8 billion, without question. gross margins now close to 67% nvidia over the last couple of years, you've had quarters where they've disappointed in a major way. this is not one of those quarters now the armchair technicians out there, the carter worths of the world who is brilliant will say you have a major top at 208. we absolutely have to get through that this should be the quarter, in my opinion, that gets us there. >> dan, you like it, nvidia right now, given what we've seen over the last year >> you look at the results, you look at the guidance, think about where the stock is up 45% $470 billion market cap. nothing to shake a stick at. it's expected to grow earnings and sales about 10, 11% each trades about 17 times sales and trades about 34 times earnings

it's a massive outlier in the group. driven a lot of performance in the group. you had a failed breakout in the smh. i suspect tomorrow morning if this opens up and we had the morning like we had this afternoon, it's not going to stay green for very long to guy's point, it ripped into these earnings it ripped into these earnings. could you see the stock back to 175, 180, it makes sense i'm talking into my little book on that one. to me, i think big cap tech is waiting for this last one. did you see apple gave it up so i think we're probably ready for a little bit. >> let's turn to cisco that stock is on the move as well after earnings. we'll bring in christina >> let's forget those routers and servers. cisco is one of the largest software companies

as more shift to the hybrid model, cisco will shift through cybersecurity and the company beat on the top and bottom line. on the earnings call they said cisco suspects supply challenges through the first half of the fiscal year. the company started increasing product prices on august 7th they just acknowledged the supply chain unbalances can create uncertainties for gross margins. there might be somewhat disappointing results in specific categories. you have cisco's platforms and revenue is up 1.1% applications is down 1% and security is lower than expected versus other peer results. looking ahead though, cisco called for about a 5 to 7% growth in the new fiscal year after they cut into sales of the data center hardware such as ethernet senses. the slight beat was not that much somewhat enough to impress

shareholders the stock is down 1% back to you, dom. >> that's a technical term, christina. thank you very much for that guy adami, i thought in the -- maybe over the last 16 months or so that cisco was going to be one of those huge covid plays, right? the ones that will benefit a lot. everyone is staying home, using the routers and switches and whatnot. it don't get as much story >> it was until this run up to 59 we talked about a double top in nvidia you go back to july 2019, cisco topped that at 59 and collapsed. here we are, seemingly it failed is it a story? absolutely do you buy the stock i don't think so i think it has significant stock to the down side high 40s, 48, 49 this quarter in my opinion was not good enough to get it to the

$59 level. >> dan, what could you think is this still a play >> cisco is one of those handful of companies that's not broken out of the.come. >> this needs to be at a more premium valuation? >> not really. some of those names powered all of that work from home and school from home they had huge runs most of them topped out when the vaccine announcements came in the fall if you think about it, november, december one last push in february. fastland, zoom, you know all of the names. the fact this stock is trading near a 50-year high, it speaks to the fact valuation is pretty cheap. software, somebody in this discussion said it's greater -- recurring software, it's bigger percentage of the whole. if it gets recrated. >> cisco shares lower than

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welcome back to "fast money. what you're seeing there is a mixed bag for retail earnings reports. the hot ones, lowe's, tjx. the home improvement is surging on quarterly results target shares coming under pressure despite a big beat. meteoric big sales growth to normalize. which of these three names do you want to talk about today i leave it to you? >> well, i'm long all three of them to me, let's talk about lowe's i thought that was sort of interesting. lowe's i think had the benefit of being down substantially yesterday on the heels of home depot and they came out with

numbers better than expected they had a lot of good things going for it expenses were good they seem to have a lot of concern that home depot had better contractor revenue. >> lowe's is making head way valuation is rich. i wouldn't sell it here. that one was sort of interesting to me. many times they talked about appliances and how they got strength there and how they're being more efficient and delivering appliances but that didn't seem to matter for whirlpool which is trading at peak washing machine doesn't matter how cheap it is, doesn't seem to get to the new highs.

>> so the home improvement -- the contractor trade was big for both home depot and lowe's, this idea they're getting more professionals in there for that one. karen, would you mind if i just asked you quickly about target everybody's been so focused on the e commerce numbers did you find it disappointing? it was disappointing in regular trading after going up 80% in the past 12 months one of the pandemic winners. is target still one of the stocks you like to own >> yes target is a big position for me, but we talk a lot about going into earnings. the expectations were very high. they met those expectations, maybe exceeded the expectations. after a run like you said, it's just not enough. that's okay. i'm not going to sell my target into earnings because i think it will be disappointed and sell it off. then i have to figure out when i'm going to get back in i have to make up enough gap to

have paid the taxes on realized gains. i'm nowhere near that good that's three decisions you have to make. you have to get out. you have to get in at the right time i can hardly make one good decision making two is nearly impossible. if you step back and look at target and look at the transformation, the revenue is great. they have expenses under control. i'm happy to own it. it's not cheap but it's not expensive for what it is it was cheaper is the only thing that was weighing on it. >> what did you think, guy did any one strike the tuning fork >> i'm going off the board karen makes great decisions all the time the decision to have the zebra couch with that wall behind you is brilliant i mean, i'm not an interior designer but i would have done the exact same thing, number one. i think lowe's was a beneficiary of selling off on the back of home depot

if you are looking for a retailer, dollar gen that's the one i would go off. >> dollar tree, best buy a lot of those earnings reports coming out next week as well. sticking with retail, don't miss jim cramer's interview with the ceo of lowe's on "mad money. i'm sure he's going to ask all about that pro contractor business they have going at lowe's be sure to catch cnbc's next evolve live stream courtney ragan is sitting down with the ceos of kohl's and chewy. it gets underway wednesday at 2 p.m. we are just getting started here on "fast money." here is what's coming up it's been a big climb for stocks since the pandemic lows,

but not everyone's made the track. we're digging into the names left behind with a good old game of trade it or fade t. plus, may the force be with you. dan nathan is breaking down what he says is the best looking chart in the market. we've got that and a lot more when "fast money" returns.

welcome back to "fast money. markets staging a late-day selloff with major indices closing near the lows. the move comes after the latest fed minutes saying the fed is starting to discuss winding down its stimulus programs. the s&p down nearly 2% from

monday's record high levels. but take a look at this. today marks exactly one year, guys, one year since the s&p recovered all of the losses it got from the pandemic selloff and then since then the index has rallied an astonishing 30% on top of that not every stock has come along for the ride check out the moves in names like clorox, las vegas sansds, numont mining, at&t and amazon not just lagging the broader market but down. are any of these names ready to play catch up? let's find out with a name of trade it, you know you love it guy's getting ready here let's start off with clorox. >> yeah. >> the one-time pandemic winner down more than 25% in the past year guy, because you were hooting and hollering.

>> trade it. >> i'm going to get added on twitter and you're out of your mind the quarter was a disaster the guidance was even worse for the full year. the next year coming forward why would i say trade this because the stock is completely washed out trading down the levels. linda rendall who went on the show i think you can trade it here. i think it's flushed out enough, dom. >> i was at the grocery store the other day. this is the time to stockpile wipes because they're plentiful everywhere not just that, getting marked down just tells you investing isn't the same as consumer buying things karen, what do you think what are we feeling like here in terms of clorox? >> well, i hate being on the other side of guy but i'm going to fade it part of what was wrong in the quarter was pricing, right

where they have inflationary pressures on the raw materials side supply issues and they're not able to pass along prices for just the reason that you said. so, yes, it's come in a lot but oh, my god when you think of front loading, channel stuffing, just the consumer trends, consumer tastes have obviously changed. it was one of the most highly coveted products maybe ever last year and at 28 times, you know, i feel like, you know, the ceo's great but this is a macro thing that's out of her control so for me if we see rates going up -- if the fed starts to move and multiples come in, it's not like clorox is dirt cheap. >> the only thing, guys, i thought was harder to find that be clorox wipes was lies sol spray. numont corporation is down 16% in the last 12 months. dan, numont, gold, trade or

fade >> i'm fading this i know we've had a lot of discussion about gold and how it's traded over the last year if you look at just gold gld you just draw a line in the upper left and down into the bottom right here. numont has gone that way over the last few months or so. if you're going to play gold, play the miners. i'm figuring this. i think you see this retest the prior lows. >> tim seymour, do you agree, trade or fade newmont corp >> i'm going to trade it you pick someone opposite of the other one. i'm on the other side of dan on this one you've heard me talk about miners, they're better run companies. there's not cap exto the moon, op ex to the moon. the price of gold is perplexing down 18, 19% sen fral bank mania is still

intact you also have inflation and other hedges gold has not disappeared even if bitcoin has stolen some of its thunder. i think we're going to see a rally. i like miners on what they do. they mine, they do it better. >> moving on to at&t losing more than 6%. karen finer man, is b-u-y? >> t i think is a trade, actually i mean, you know, there's a lot to hate about it except the valuation and the dividend and, you know, i think they'll be the beneficiary of iphone sales so there's that the balance sheet, of course, is an issue but i think at some point it's just so cheap and it might be there right now that i don't see how you fade this one. so i'm trading it. >> the trade because it does have a 7.5% dividend yield guy, what are you did going witt

>> if you watch this show, which you clearly do, at&t has been grim death in the last 10 or 11 years. it can't get out of its own way. this is a stock that's been $30 for 10 years i don't think there's any compelling reason. karen brought up valuation but i would rather be in t-mobile. i'm playing a game would you rather during trade it or fade t. >> t-mobile. >> despite the packing stuff we've been talking about las vegas sands down nearly 20% over the last year tim seymour, trade or fade >> i'm going to trade it the stock is basically trading back near those lows it's incredible when you actually see where we started to get with vegas traffic the pricing in the margins in their business i think is something exciting they have exposure to online sports betting and igaming look, the head winds from the

drants have been just crushing for anything in a reopening trade but specifically to casinos, cruise lines, et cetera, we've seen this movie before this is the right level to buy lvs. trade it >> down 20% in the last year folks, thank you very much for this latest edition of trade or fade a force to be reckoned with. one of our traders calling this one of the best looking charts in the market right now. that's what you're seeing. we are breaking down that mystery name coming up. plus, a big call on viacom one top analyst going big time bullish on that stock. should you be streaming into this name? see what i did there when "fast money" returns after the commercial break the way i was made to, it nourishes and strengthens my joints for the long term. osteo bi-flex, plus vitamin d for immune support. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed.

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welcome back to "fast money. that's the mystery chart that's a tech stock. it's modest but it's still positive dan nathan says it could be one of the best looking charts in the market the best looking charts. dan, what is this stock? >> listen, dom you heard guy mention before armchair quarterback and then carter braxton worth i'm the armchair technician. he is the professional

when i say that's the best looking chart in the market there's very little credence to it here's the thing you see that consolidation it's underperformed the market sas. they just closed on that slack deal, which i did like they report earnings august 25th here i like that consolidation here i like the fact back up to that march high 250 if you get a breakout here on good fundamental news you'll be marching back to the high, 280, 285ish. >> you better hope you march back, dom chu. we've mentioned double tops a few times. this is setting up to be one into earnings on the 25th. i see what dan's looking at. what dan failed to mention is this is' stock that's trading close to 60 times, 6-0 next year's numbers the earnings to back that up maybe get to 285, you sell with both hands when it gets there. >> oh, wow wow. i like this. i like the passion here. >> that's what this show is

about. it's about energy and passion. >> it is tim, i want to get a quick thought for you as well. is salesforce a compelling software trade is it a catchup? can it catch microsoft >> look, dan's passion is certainly impressive the hyperbole around the greatest chart of all time no, that's not what he said. look, i think crm after first q and the guide into this quarter and the channel checks you're hearing out of enterprise and consumer, very, very strong growth on the operating margin up to 18%. not expensive to the peer group. expensive as guy points out. 35 times eb to cash flow i like it. >> he likes it 2 to 1 so far. i get it that's fine. passionate. coming up on the show, analysts are getting bullish on viacom saying this one is heading, quote unquote, all the way up we'll break down that big call plus shares of u.s. steel, x marks the spot

in rally mode. options traders are saying this is going to continue that trade and more when "fast" comes back after this.

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check out shares of viacomcbs rallying on the back of a big upgrade. wells fargo is raising the weighting to overweight from equal weight prior the company is poised to benefit from industry consolidation. wells bullish on the upcoming slate from paramount plus streaming service. karen, is this very much now like disney was a year or two ago, a streaming story >> i think it is a streaming story but also as you mentioned, i think it's a potential consolidation story. dan and i pitched this together in a very rare duel fast pitch probably the stock was right around here so i like it i thought the piece was interesting. they talked about how you could maybe use a huluesque type number and get a number like 60. this used to be a show me story. they've shown me, this is the analyst speaking, they've shown me with the subscription growth and they're forecasting 70

million of paid subscribers and another 76 million advertising base subscribers by the end of next year. that would be very good growth if that happens. i kind of think there is something to the consolidation story. we saw amazon with mgm, discovery and time warner. we know there is some sort of talks occasionally going on. we saw that comcast/viacom deal streaming in the u.k i like it. i think the stock is not expensive. i believe the consolidation story is happening and i think they would be a target. >> sky show time, that's the new joint venture with our parent company comcast and what's happening with viacomcbs tim seymour, i'll turn to you for another take on this back in the heyday this was a $100 stock does it ever get back to where it was we know there were a lot of

technical reasons why this was a $100 stock earlier this year $40.47, it was 100 at one point. was it ever justified at 100 >> no. that was a gift and i think it was. it was a meme stock and archegos stock. you won't see fundamentals equate to. karen laid out good thoughts on the streaming business let's be clear, the paramount plus story has been impressive i love the fact that this jb with comcast, our parent company, is something that gets them into a bundling dynamic partnering up with other great content around the world and this is a story that i think a lot of the other streaming players will continue to do. i think you will see -- the great irony is as the cable and linear world tv blows up, you're seeing some of the same folks bundle together in control of their own pipes and streaming

dtc. i like that story but i don't think it changes viacom/cbs overnight. i think the stock is dead money. not going anywhere near 100 any time soon. i'll probably eat those words, but that's what i think. >> just wait, guys -- >> can i just add one thing? >> yes, karen. >> via com doesn't think it's worth 100. it was delighted, delighted to sell stock at 85 they did a master full job. >> it's probably not far off where some company is going to develop a bundle for all of these streaming services by the time it's all said and done. coming up on the show, don't x out of this show pouring into u.s. steel options as the stock climbs higher we'll break down that trade in x when "fast money" returns. miss a moment of "fast"? follow the "fast money" podcast.

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these entrepreneurs have a fierce work ethic and drive to achieve - to change the game and inspire the team of tomorrow. all right. set your clocks. 11:30 on tech check. a big interview coming your way. ark invest cathie wood

i'm sure she's going to talk about all of the things driving the interaction in ark check out shares of u.s. steel the stock is in rally mode options traders are betting the gains will slow down any time soon tony zhang joins us with the "options action. over to you. >> yeah, dominic we've seen u.s. steel up almost 400% this year alone and it's building a base. it's potentially primed for that breakout above the $30 level as we said. today we saw some activity that reflects the view that it's going to be above this level over the next 30 days. it did trade fairly actively, 135,000 contracts. the trade was 7,676 contracts with the september 24 weekly 32 calls with an average price of $1.78. this particular trader laid out $1.3 million in premium to bet

that u.s. steel will be at least 8% higher in the next 37 days, which is an interesting expiration date. >> price and timing, curious there. quick thoughts guy adami on what we mean on x. >> tim's been all over it. this environment has not been better since march of 2018 when then president trump put the tariffs on i like this trade. >> tune into the full show fridays 5:30 p.m. eastern time up next, yes, your final trades. stick around ♪♪ ♪♪ ♪♪

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it's time for the final trade. let's go around the horn tim seymour. >> i'm a buyer of dom coin i'm a seller of volatility vix up 40% over the last three days i think you're selling vix we got through the fed minutes >> karen finerman? >> i may be a little bit on the other side i like dom as well i think the fed is going to tighten and it gave a hint that high multiple stocks are going down so igb short. >> i like that

not being hyperbolic that salesforce chart is one of the best looking charts. >> crm the last trade. >> happy 90th birthday to annette at that. scott's miracle grow smg. >> a cannabis play maybe thanks for watching "fast money. "mad money" with jim cramer is coming up 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 help you find it "mad money" starts now >> hey, i'm cramer welcome to mad money i'm trying to make you some money. my job is not to just entertain but educate and put this in context. call me. or you can tweet me. this, my friends, is an entirely manic depressive market. >> sell, sell,