the first one from scott rogers, one of our biggest fans on this show. he asks do you expect market volatility to expand as we get closer to the presidential election? mike? >> i absolutely do, and i'm not alone either. the options market is implying that we are going to see probably fairly sharply higher volatility. the way to identify that yourself if you ever want to look is look at the vix futures curve. they're steep out further. >> let's get the final call then and squeeze them in from the options pit, carter. >> buy amgen long, play it higher. >> mike. >> sell the october 165 puts in amgen. >> you're both on the same one. >> yeah. >> okay. okay. no pressure to be different then. dan. >> hyg. it sets up for a good risk/reward. >> on the basis that? >> that options are >>> 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." my job is not just to entertain you but t

the first from scott rogers, one of our biggest fans, he asks, do you expect market volatility to expandwe get closer to the presidential election? mike? >> yeah, i absolutely do. and i'm not alone either. the options market is implying we are going to see probably fairly sharply higher volatility. the way to identify that yourself if you want to look is look at the vix futures curve. they're steep out further. >> let's get the "final call." we can squeeze them in if we can from the options pits. carter? >> buy amgen, long, play it higher. >> mike? >> sell the october 165 puts in amgen. >> you're both on the same one? >> yeah. >> well, okay. no pressure to be different. dan? >> hyg. i think it sets up as a good risk/reward. >> on the basis? >> options are cheap. >> that does it, jim is next with "mad money." sement for time life's music collection. (soft music) ♪ (narrator) these are songs that can relax and soothe you. (ray conniff) ♪ somewhere my love ♪ there will be songs to sing (narrator) songs that make you feel good. (frankie valli) ♪ you're just too good to be true ♪ ♪ can't take

my name is roger scott. i have been a teacher at city college since 1972 and have been on the executive board except for one missed election since 1974. i have come before this body on many occasions and this is probably the least controversial issue i ever addressed. i think splawt our backward mayor might be supportive of this issue. although i don't consider him of ally of affordable accessible education. it's been most of my life has been changed in a positive way from the opportunity to attend accessible and affordable higher education. i was a juvenile delinquent in high school, kicked out of school six times in five semesters yet i lived three quarters of a mile from texas tech and i was able to go to school there for $25 a semester and i had a bachelor's degree by the age of 20. i've been lucky to attend public higher education over the years, and i never had to take out a student loan, and for me it's particularly -- it's outrageous that our graduates of, recipients four year degrees owe $30,000 on

my name is roger scott. i have been a teacher at city college since 1972 and have been on the executive board except for one missed election since 1974. i have come before this body on many occasions and this is probably the least controversial issue i ever addressed. i think splawt our backward mayor might be supportive of this issue. although i don't consider him of ally of affordable accessible education. it's been most of my life has been changed in a positive way from the opportunity to attend accessible and affordable higher education. i was a juvenile delinquent in high school, kicked out of school six times in five semesters yet i lived three quarters of a mile from texas tech and i was able to go to school there for $25 a semester and i had a bachelor's degree by the age of 20. i've been lucky to attend public higher education over the years, and i never had to take out a student loan, and for me it's particularly -- it's outrageous that our graduates of, recipients four year degrees owe $30,000 on

reporters annie mccormick and katherine scott are talking with commuters and matt pelman is in for karen rogers watching all the routes and the roads. >> and on top of all this, we have the rain to deal with dave murphy. >> yeah, we do. weather also a story this morning. heavy rain falling in parts of south jersey. another batch coming in out of baltimore that will be coming through delaware and south jersey later. most of the thunderstorms off the coast right now but we have had heavy enough rain where we do have a concern with some flooded roads, maybe some high running creeks and small waterways down in these areas and even in areas where you don't see the rain, southeastern pennsylvania, over toward trenton, some earlier pockets overnight may also be giving you some high water issues on some roadways so be careful this morning. there's a flash flood watch until 10 o'clock across most of the region and we're basically posting this just to let you know that there is that possibility of runoff still getting onto the roads as late as 10 o'clock this morning. satellite and radar shows you that t

reporters annie mccormick and katherine scott are talking with commuters and matt pelman is in for karen rogersroutes and the roads. >> and on top of all this, we have the rain to deal with dave murphy. >> yeah, we do. weather also a story this morning. heavy rain falling in parts of south jersey. another batch coming in out of baltimore that will be coming through delaware and south jersey later. most of the thunderstorms off the coast right now but we have had heavy enough rain where we do have a concern with some flooded roads, maybe some high running creeks and small waterways down in these areas and even in areas where you don't see the rain, southeastern pennsylvania, over toward trenton, some earlier pockets overnight may also be giving you some high water issues on some roadways so be careful this morning. there's a flash flood watch until 10 o'clock across most of the region and we're

reporters annie mccormick and katherine scott is talking to commuters at septa stations and matt pelman is in for karen rogers

what happens in 1857 in the famous case, of course, of dred scott was that chief justice roger b todd he tried to settle this issue of the rights of slaveholder's. at the same time, though, he speaks to this issue of the rights of african-americans, and he deals with that in these infamous words spoken in 1857, write? they had, for more than a , been regarded as being of an inferior order, and altogether unfit to associate with the white race. so far inferior that they had no rights which the white man was bound to respect and that the negro might justly and lawfully be reduced to slavery for his benefit. so no rights for black people and absolute rights for slaveholders. in this famous case, "the right of property in a slave is distinctly and expressly affirmed in the constitution." by 1857, everything was on the side of slaveholder's and their rights. the weight of history, tradition, law, precedent, and now, finally, a ruling of the supreme court of the united states. , when abraham lincoln ran for president, he accepted two out of three of those rights that were actually claimed b

reporters annie mccormick and katherine scott is talking to commuters at septa stations and matt pelman is in for karen rogersch youin watchie routes. >> first let's get to meteorologist, david murphy. >> we've had some pockets of heavy rain overnight and there is the potential of flooding. there's also a line of thunderstorms right now dumping heavy rain down in south jersey and delaware. you can see all of this pushing over toward the east. but for now you're getting inundated with heavy rain. there have been pockets of heavy rainier philadelphia and other areas as well. it takes awhile for any roads that have taken on flooding conditions to drain so be careful driving around this morning as we could see a slow down because of some of the in backed up water. flash flood watch in effect until 10 o'clock across the region. possible that some areas to the north and west will get dropped before then but a reminder we have had those heavy pockets of rain and there could be flooding issues out there. as we take a look to the west we're going get rid of this main pockets of rain. we'll transition to a mix of cloud

scott, trump and those close to him refuse to comment on the rampant speculation that recently deposed fox news chairman roger ailes will become a trump advisor or take over the campaign entirely. >> pelley: major garrett on our philadelphia political team, major, thank you. another member of the team is anthony salvanto. he's our director of anthony, you have been looking at our polls in the battleground states. and i wonder, did trump's convention change the dynamics of the race? >> he got a small uptick in support, scott. maybe adding two points across the key swing states, that edges him just ahead of hillary clinton. her support held steady. but what is really telling is where this change came from. trump threw in a few conservatives who had been undecided before the convention. but virtually no one switched his or her votes from clinton to trump. and that illustrates not just how tight this race is, but also how partisan it is. >> pelley: doesn't look like a big convention bounce. what did the voters tell you that they felt as they watched trump's speech on thursday? >> republicans saw this very differe

scott thuman. you can get your upwith us here or online at wjla.com. now to a developing story. fox news c.e.o. roger ailes in the spotlight, and he may be looking for an exit from the network. it's after sexual harassment allegations, some including ain or megan kelly. she said ailes made advances to her. she claims it happened 10 years ago when she was a correspondent, and she's not the only one calling him out. more than a dozen fox news personalities have come forward. gretchen carlson, a former fox & friends anchor, said he an teenaged her career when she denied his desires. >> i want to support all women who have been victims of sexual harassment. jummy: at least one lawsuit against ailes and his attorneys firing back, saying the 76-year-old has never sexually harassed megan kelly. bars. james newton now sentenced for stabbing a man he didn't know in downtown d.c. t. happened in december after newton and his victim got into an argument. the victim tried to take the knife from him, but was instead stabbed inside. after the prison term, he's expected to be placed on supervised release. now to bre

scott thuman and brad bell will bring you live coverage . their reports all start tomorrow. donald trump is standing by his boss -- fox news boss roger ailes: what happened very sad. he was forced from his job amid allegations he sexually harassed female employees. withdraw the u.s. from the wto and refused to rule out handing immigration from france and germany saying both have been compromised by terrorism. let's take a live look outside. sweltering on this sunday. josh tracking a hotter day tomorrow and also, tells us when kimberly: nothing could stop new hampshire couple from celebrate your big day, not even a summer storm. take a look at this tree that came crashing down on the tent where the newlyweds were having the reception. after pausing to make sure everyone is ok, the party was -- and some people reported hail, the national weather service has said nothing about a twister. kind of scary for you are under a tent. josh: you know there is some severe weather in the area but you just, that's why when we get these warnings you have to take them seriously. it does not have to be our tornado warning to cause serious damage. ever

. >> reporters annie mccormick and katherine scott are talking with commuters and matt pelman is in for karen rogerstes and roads. >> let's talk about the rain and how it's impacting things with meteorologist, david murphy. >> rain mainly an issue if south jersey and delaware. storm tracker6 live double scan matt and erin shows you there are still heavy pockets of rain around dover delaware some extending across the delaware bay into cumberland county and cape may and atlantic county you've already seen a lot of heavy rain, you can see that pushing off the coast including thunderstorms. looks like it will be eight or 9 o'clock before the last of that is off the coast. things better in southeastern pennsylvania indicated by the flash flood watch. hit covered southeastern pennsylvania and now it's just delaware and south jersey. it's up until 10:00. the rain may be over but it may take that long in cases for that water to drain off. satellite shows you after the rest of the rain we have clouds mixing with some breaks and we're expecting a clouds and sun break. in fact already we've got a little bit of

roger ailes is out as head of the fox news. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. reporting tonight from

roger ailes is out as head of the fox cable network. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. reporting tonight from t

roger ailes is out as head of the fox news. captioning sponsored by cbs this is the "cbs evening news" with scott pelley.orting tonight from the republican national convention in cleveland, ohio. >> pelley: this is our western edition. tonight, real estate mogul donald trump will try to persuade the owners of a 216-year-old mansion in washington, d.c., to give him a four-year lease. tonight trump accepts the nomination of a fractured republican party, and our major garrett begins our coverage. >> reporter: donald trump walked through the depths of the convention arena before envisioning his speech at the summit of republican party politics. >> it feels good. >> reporter: slotted for nearly 40 minutes, he will describe a america at risk at home and abroad, and weakened from within by a clubby brand of special interest politics only a wealthy businessman can fix. trump will say, my message is that things have to change and they have to change right now. every day i wake determined to deliver a better life for the people all across this nation that have been neglected, ignored and abandoned. trump will also

roger ailes is out as head of the fox cable network. captioning sponsored by cbs this is the "cbs evening news" with scottley.

scott, trump and those close to him refuse to comment on the rampant speculation that recently deposed fox news chairman roger ailes will become a trump adviser or take over the campaign entirely. >> major garrett on our philadelphia political team, thank you. >>> with the convention in town, the population of philadelphia is growing by at least 50,000. the city's police force of more than 6,000 officers says it's ready for anything. here's our homeland security correspondent jeff pegues. >> we want a revolution! >> reporter: thousands marched in downtown philadelphia this afternoon. they were noisy but peaceful. in 2000, at the last political convention here, there were hundreds of arrests. police say they are prepared if demonstrations get out of hand this week. 35,000 to 50,000 protesters are expected each day. he city has purchased o0 million in insurance to cover potential damage and another $5 million in case any of the city's 6,000 police officers is sued. the designated protest zone is four miles from downtown within view of the convention site. former philadelphia police commissioner charles ramsey s

roger altman. >> for the last decades, it's -- each year for the best state, and each year the winner is the best-kept secret. scottn is here to offer the very last hint for us to now guess this year's winner. scott? >> such a feeling of power. it's awesome. we lynn joined by a very special guest. i think we have kind of outdone orselves this year, but who's going to help us introduce it. we've been giving us hints all day. one-stop shopping, the need for speed, original colonists, making ends meet and eight is enough. a lot of you have weighed in with interesting guesses, but we're not done keeping you guessing. from here, after we named the top state for business 2016, as you heard bill say, we've been doing this for ten years, so we're going to go -- maybe we leave or stay here, we're going to unveil the state that has done the best over the past ten years. so you'll want to see that tomorrow, but the immediate business, we will unveil the top state for business, and you will be able to see where your state tacks up, and we always want to hear from you using the hashtag top states. >> is it all apples to apples?

>> in my view the loss of roger ailes is something that will effect our political culture and i believe that in a major way. >> there has been a lot of sp k speculation. scottelley: the parents of a two- year-old boy killed by an alligator at disney world said today they will not sue disney. there were no signs warning about the gator in the water. a spokeswoman for the family said she could not say whether a financial settlement had been reached. police have been warning folks about the risks of playing "pokemon go" on their phones, and here's why: monday in baltimore an s.u.v. slammed into a patrol car. nobody was hurt, but the driver told the cops, "that's what i get for playing this dumb game." some whale watchers in australia missed the big moment by paying too close attention to the starboard side because on the port side a giant humpback whale was jumping out of the water, but by the time they turned around, it was gone. and we'll be right back. k. have played some characters you could call controlling. but the truth is: there's so much in life we can't control. here's something we can: colorectal cancer. it's the second leading cancer killer in the

scott baio. who was on "happy days." he was a great talent and he will be missed: when we come back, reports out this morning that roger ailes is negotiating his exit as chairman of fox news. details are next. rock crawlingmale #1) your business needs better technology to drive better performance. so you need it to be reliable and fast. really fast. introducing the comcast business summer savings event. fast internet speed to drive performance, plus cutting edge wifi for your employees and customers, and voice mobility so your calls find you wherever you are. get some of our most advanced products at a great price with over $500 in savings. call today and ask how to get these savings plus a $250 prepaid card. comcast business. built for business. welcome back to "squawk box." big media story this morning. it's on the newspaper. what the fox, and, you know, where this is going. it looks like roger ailes tenure at fox news is coming to an end. sources telling us the decision is near on the nuch of the chairman and ceo of rogers ailes and what decision -- what this decision will ultimately mean to his departure. couple of thing