underperforming the semiconductor index basically by half but if you bet on an intel turn around tony zhang has a play on intc. >> i like the chart setup on intel. because this stock spent a pit the bit of time below the $53 resistance level and broke out above it in october traded higher now and consolidated below th catalyst it needs to get above the threshold looking from a relative perspective, the stock has underperformed the market and the semiconductor group. however that stabilized the last couple months and the recent relative strength is what i like going into the earnings release. flipping over to the earnings itself i think the bar has been set relatively low on this particular earnings cycle. and if we rook at the analyst revisions going into this week things have looked stronger. i do think that this is pointing to potentially a modest beat on intel. the way i look to play this because the implied volatility is high is to sell a short-term put credit here on this name i'm going out to february 28, a weakly option to sell the 69.5, 66.5 put credit spread selling the 69.5 for $2

trade to catch up to the financial sector xlf and -- ♪ >> it's greek to me but strategy to you tony zhangcking out the delta on delta airlines ahead of the quarterly next week. and -- ♪ >> boston scientific has had a wicked good run the last three months but mike khouw is down working on safer way to play going not jp morgan health care conference and earnings. time to risk less and make more. "options action" starts. >> you yes it does and welcome back, everybody. lets dive right in talking about the payment stocks because most cashed in gains last year. check out master card and visa led the pack up 58 and 40% american express and paypal did well 30% and 25% gains square lagging a bit 3% up on the year but carter worth says one name will help you ring in more money in the new year. carter at the plasma to break down charts for you. carter >> jump right in we're looking at am ex the setup here is recently recent outperformance relative to other financials and presiding underperformance it's good one too more often than not you see the table, very simple over the past six months what we k

tony zhang has a play on intc. >> i like the intel. this stock finally broke out in october and has traded higher now and consolidated just below the $60 resistance level and i see next earning's release to get above that threshold this stock has underperformed the market and the semiconductor group but that has stabilized over the last couple of months and it's typically what i like to see going into an earnings release. i think the bar has been set relatively low on this particular earnings cycle and if you look at the analyst revisions going into this particular week things have started to look a little stronger so i do this think is pointing to a moderate beat on intel. the way i'm looking to play this here is to sell a short term put credit spread here on this particular name. i'm going out to february 28 which is a option to sell the put credit pred. i'm selling the 69.5 and paying about a dollar for that 66 and a half put collecting 1.15. so i'm getting more than one third of the width and the break even price is 5835 so as long

. >> are you familiar with the ge oven >> tony zhang thinks something is cooking at general electric and he has the options recipe. and sticking with all things electric. >> i've come to see tesla. >> mike khouw has jo

. >> tony zhang thinks something is cooking at general electric and he has the options recipe.ngs electric. >> i've come

. >> are you familiar with the ge oven >> tony zhang thinks something is cooking at general electric and he has the options recipe. and sticking with all things electric. >> i've come to see tesla. >> mike khouw has jolting observations on a way to insulate yourself. it's time to risk less and make more "options action" starts now. >> well let's get right to it. markets gearing up for the busiest week of earnings of of the season, including some of the big tech names, apple, microsoft, facebook and amazon all set to report. the four stocks the largest holdings in the nasdaq 100 etf now on track for the best month since june but carter worth says there is trouble in the charts fom some of the high flying names he is at the plasma to break it down what are you seeing carter. >> sometimes something so good that perhaps there is trouble meaning no trouble in the charts but that maybe is the trouble. they are priced for perfection looking at the top five stocks as the basket and zero in on qqqs four of the top five report next week let's move forward and look at some lines top five stocks

trade to catch up to the financial sector xlf and -- ♪ >> it's greek to me but strategy to you tony zhanging out the delta on delta airlines ahead of the quarterly next