reach into your pocket, grab your phone and tweet us your question @optionsaction.it's nice, we'll answer it on air when "options action" returns. oh, you think this is just a community center? no. it's way more than that. cause when you hook tert...mmunity up boom! look at ariana, cruscoe eam.tual class. mg michael, doing something crazy. this is the place where we can show the world what we can do. comcast is partnering with 1000 community centers to create wifi-enabled lift zones, so students from low-income families can get the tools they need to be ready for anything. oh we're ready. ♪ ♪ ♪ ♪ ♪ ♪ ♪ . >>> welcome back to "options action." we have a news alert california saying it will allow theme parks like disneyland, major league baseball and live shows to resume capacity on april 1st. disney has been closed since mid-march last year. not too much action in the after hours. it is friday mike, what do you make of this it seems like a very positive step >> it is a positive step there have been rumors for a couple of weeks this is coming down the pike. it isn't an

. >> tweet us your question @optionsaction. if it is nice, we'll answer it on air when we return. ♪ ♪ ♪ ♪ ♪ >>> welcome back to options actions. it has been a rough week to say the least. there is your chart. tracking the space falg 7% just since monday and on this exact situation. >> we have very high implied volatilities as well these companies have high levels of debt. they are tied to something volatile as well, which is the reopening. i think this might be the opportunity to expect that xle could hit the pause button here. i was looking at using a calendar put spread specifically looking at the april 9 weekly, june calendar spread looking at those weekly options because those are the ones we are seeing a very high implied volatility >> all right, mike, so far, so good still plenty of time left in the trade. what do you think? let's get back to the chart master you got a problem this week. rates up, oil down >> oil down 14%, gaz owe lean down 12. energy had a selloff what we know is from the october low. just think about th

tweet us your question at optionsaction. it's nice we'll answer it aonir when options action returns. ♪ ♪ ♪ ♪ ♪ >>> all right, welcome back to options action it's been a rough week to say the least for the energy there's your chart tracking the space falling 7% since monday. er just two weeks ago on this show, mike bet on is this exact situation. >> you have very high implied volume ats as well -- volatility as well and they're tied to something volatile which is the reopening. i think this would be an opportunity to expect xle to hit the because button, i was potentially looking at calendar put spread looking at april 9 to june 19 as calendar put spread looking at the weekly options we are seeing very high implied volatility >> mike, so far, so good there's still plenty of time left in the trade. what do you think. let's get back to the chart master, carter, right, you got a problem this week, rates up, dollar up, oil down. >> right so crude oil dropped 14% gasoline down 12%. energy stocks had a sell off let's look at three

grab your phone and tweet us your @optionsaction. ♪ ♪ ♪ ♪ ♪ >>> welcome back to options action the techtting hit again today on risings yields. professor says what? mike >> we mentioned it several times. we've seen this big uptick in volatility, especially in the highest flying names i'm taking a look at the nasdaq index, which is best represented for most of the viewers by the qqq etf. this contains all the biggest technology stocks as its biggest constituents when you're thinking about hedging or holding qqq or something that looks like qqq and many of you do, you have a powerful that's essentially where you were at the beginning of the year. qqq is up about 55 basis points year to date you're wondering whether you should remain invested there's a lot of reasons you might want to remain invested but we have volatility which makes you not want to be what we're looking at is helping. the important thing about hedging is that you should hedge when you can, not when you absolutely have to the other thing is that when you're talking about hedging, this is more about positioning than simply

ought "options action" fans reach into your pocket, grab your phone, and tweet us your question @optionsaction. if it's nice, we'll answer it on air. ♪ ♪ ♪ ♪ ♪ >>> welcome back to "options." the tech sector getting hit again today. professor mike khouw says now is the time to formulate a plan for what's a recurring theme, mike >> we've seen this big uptick in volatility, so i'm taking a look at the nasdaq index which is best represented for most of the viewers by the qqq etf of course this contains all of the biggest technology stocks, essentially, has its biggest constituents thinking about hedging your portfolio if you hold qqq, if you have a portfolio that looks a lot like qqq, and many of you do, you have a portfolio that's essentially where you began at the beginning of the year. qqq right now i think is 55 basis points year to date. you're wondering whether you should remain invested we have a lot of reasons why you might want to remain invested. then we have all of these symptoms of increased volatility which may want you not to be we're taking a look here is hedging. the important thin

reach into your pocket grab your phone and tweet us your question @optionsaction if it's nice, we'll answer it on air when "options action" returns. so jeff, you need all those screens streaming over your xfinity xfi... for your meeting? uhh yes. and your lucky jersey? oh, yeah. lauren, a cooler? it's hot. it's march. and jay, what's with all your screens? just checking in with my team... of colleagues. so you're all streaming on every device in the house, what?!! that was a foul. it's march... ...and you're definitely not watching basketball. no, no. i'm definitely not watching basketball. right... ( horn blaring ) ♪ ♪ ♪ ♪ ♪ >>> all right. welcome back to options action alibaba shares getting a boost today. still down about 5% this week. it's been hit along with nearly all the broader china tech trade. bob pisani told you that at the top of "fast money." mike says, don't sweat the weak. there can still be a baba boost ahead. he's breaking it down in his "call to action. mike >> yeah, so i'm taking a look at baba there's interesting parallels when i think about alibaba relative to am