mike khouw said he never seen anything like it he will break down the blockbuster activity plus watching shares in fireeye after hours announcing $1.2 billion deal to sell it's product business, we'll hear from their ceo in moments. and later, james will take the announced pitch his next-best idea why he thinks this consumer stock is ready to deliver beautiful returns, we'll bring you that name. we start off with america under a hack, the latest victim, the steam ship authority of massachusetts, the service ferries people to cape cod and nantucket this attack came hours after learning of the russian group behind the can attack that shut down avs meat packing company, weeks after the pipeline crippled fuel delivery along the united states. so our food supply, energy supply and transportation network have all been hit within a matter of weeks, so what is going on here and what's being done to stop this next big hack? let's kick-off it off with a-symptomati eamon javers >> it's a wave of attacks it's fuel, food, all of the things we need to build our society, a lot of it is come from russia

>> mike khouw. khouw. coming up next, final trade. ed. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade. visit tdameritrade.com/learn ♪ it's another day. and anything could happen. vis it could be the day youn welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. get ready for it all with an advanced network and managed services from comcast business. and get cybersecurity solutions that let you see everything on your network. plus an expert team looking ahead 24/7 to help prevent threats. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can hel

. >> yeah, let's bring in mike khouw on another day of pretty wild option activity in amc what do you see is this. >> yeah we saw a lot, the most active single stock option for the second day, traded more than 4 million contracts. it's just a world of superlatives and comments about whether these are momentum or options, i mean, options expire they're not a buy and hold type vehicle to speculate on change in stock price of amc. top ten options in amc all expire tomorrow. so people who are trade thoese aren't looking into the weekend, as far as amc is concerned the most active options, expiring tomorrow, 145 strike calls about 173,000 traded were at $1.17 implied volatility in excess of 1,000% which actually starts to make options seem very hard to price, to be honest. so what's going on a lot of people are using options to speculate on very short-term volatility and there's market participants, i know a couple professionals who are just trading the momentum there's not a fundamental case to be made here, doesn't mean there isn't a trading case, and that's what people are doing but it'

kb homes reports earnings after the bell mike khouw has the options setup.u seeing here >> reporter: hi there, courtney. looking at kb homes. this thing traded 12 times the average daily call volume. call outpacing play. the options market is implying it will move 4.5% or so after they report earnings that's slightly less than the 5.3% they've averaged. all of that call volume suggests that options traders are betting it will be higher with the july 44 calls trading at $1.70. they're betting the stock is going to be 5.5% higher than july expiration. >> thank you very much mike khouw kb homes tim, how do you want to trade this >> existing home sales were solid but the problem is the affordability is a big issue i think the home builders are subject to some of this. some have better homes than others i think the way you're playing it is the home improvement home depots and lowe's, i'd like to see them lower. what if sonoma is not an expensive stock and people are nesting even though they're out and about. the value of homes are higher and people are making the

do it or maybe don't do it tony saying swoosh is in to help you play through nike earnings plus, mike khouw takes his broken wing and learns to fly again to ride amazon higher, time to risk less and make more. "options action" starts right now. >> well, as much of a sell off as we've had it's likely still all down from here think we're talking the overall market well, we're actually referring to the x lf specifically at this point it's almost all one in the same the chartmaster carter worth explains everything. carter, take it away >> everything, that's quite grand but let's try. so what we know is of course financials third-best performer over the past 12 months. we also know 11.5% is an important sector in the s&p. we also know the big banks are the transmission mechanism for the economy. and they're suffering. let's look at the xlf, the spiders for the sector, and try to divide the way forward. the first chart simply looks at the breaking trend taking place. a very clear trend line since the october low. we have a clear breaking trend and the second chart, this is the same chart but now

. >> mike khouw. >> adobe diagonals, buy low and play ball, sell high >> makes sense does it for "optionsat 5:30. >>> 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, other people want to make friends, i'm just trying to make you a little money. my job is to teach you, entertain and teach you. call me or tweet me @jimcramer stocks keep me entering in a tranquil way the dow edging up 13 points and th

do it or maybe don't do it tony saying swoosh is in to help you play through nike earnings plus, mike khouw

. >> mike khouw. >> adobe, buy low and sell high and play ball. >>> don't go anywhere.ght now - [narrator] the following program is a paid advertisement for nuwave oxypure smart air purifier, sponsored by nuwave llc. featuring deborah norville. an award winning journalist and new york times best-selling author. deborah is here today to share her passion for the nuwave oxypure. - we've been living through strange and unsettling times. never in history has everyone on the planet been confronted by the same thing. and we're still trying to get back to a sense of normalcy. we've discovered how devastating a virus can be and the importance of proper cleaning.

. >> mike khouw. >> try to take advantage of elevated options premium in slv and use a call spread riskis is on the edge on cnbc, the stunning revelation that the u.s. justice department told us about the jbs beef attack. plus, your money, your job unemployment rate hits a milestone. a start of the pandemic. and americans are still out of work and small businesse

let's bring in mike khouw with the action, mike >> i was looking at box which traded 4 times as manyll volume today. most active options were june 24 strike calls about 4500 traded for approximately 82 cents buyers betting it will rise above $24 strike price by at least 82 cents in premium they sfoent push the stock above the 52-week high in april. comparing these two companies they are fairly close it one another. the way i look at it if you're seeing valuation if someone thought box might be a potential target, that has been discussed going back to march, maybe 15% premium based on cloudera terms, don't know if they're that close in comps, maybe there's more premium in this one. we're looking at modest upside in next couple weeks >> all right, dan? >> we talked about $100 billion enterprise trading 25 times sales these two companies 4 times sales not a particularly high premium. >> no. >> that doesn't speak a lot for the valuation in the space. >> and box had really good numbers. they had a beat. they had a raise they talk about bookings it was a business we waited to see traction

>> mike khouw. >> adobe diagonals, buy low and play ball, sell high >> makes sense does it for "options action", be back next friday at 5:30. >>> 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, other people want to make friends, i'm just trying to make you a little money. my job is to teach you, entertain and teach you. call me or tweet me @jimcramer stocks keep me entering in a tranquil way the dow edging up 13 points and the s&p advancing 1.9% and nasdaq gaining 3.5%. some would say it's the calm before the storm but me? i learned a long time ago that you never short adull market it's good news that we've been lulled to record highs and the market keeps struggling off negatives including yesterday's scorching hot inflation numbers. you can tell when you're in one of these markets because what happens? people talk endlessly not about buying or selling stocks but they talk about buyin

trading it i think oracle has turned the corner and i think you buy the weakness kudos to dan and mike khouw who talks basket put -- talking about the put buying in the name. >> and fiscal guidance q1 eps stock down 4 to 5% makes sense, especially coming off the all-time high. i think it makes sense given the cap ex guidance in the cloud, why not set expectations lower going forward. >> a lot of conservative guidance going on. we have more on roblox christina? >> hi, we're seeing roblox sinking after the video game platform released key performance metrics for the month of may investors are honing in on the month to month decline in daily active users from april down 300,000 to $43 million and on year to year basis the company see isees 2 to 3% decline in daley active users, and while slipping, the company did see hours engaging on the platform rise 9% from year 2020 here i thought the kids would be playing outside. the company is estimating 126% may revenue year-over-year now seeing the stock down well over 7% definitely taking a hit after-hours trading. back to you. >> thank you tim, does

options activity went crazy so let's bring in mike khouw on the options action, mike, what caught youron space trading 15 times average daily volume most active contracts june 22, more than 260,000 traded for $4.60 per share. multiply that by 100 to get the multiple per contract. by the way, that's more contracts traded on just that one clover health option than all of microsoft options trading today combined. right now the options market is implying the move of $10.50 by a week from friday most of the best from the rebellion reddit crowd seem the rally in this could somehow continue. >> meme stocks, you never know who the next target will be, thinking of wendy's made had he want a froste. more "options action" on friday 5:30. >>> coming up, stocks closing near record-highs. what to do with your money traders lay out their play books next as cnbc continues to celebrate pride all june here's goldman sachs >> the way around stigma is through encouragement, support by those around you. i was very fortunate when i decided to come out at goldman sachs exactly two years ago i had that suppor

oracle is on deck with earnings last week, let's get to mike khouw with the set up.de 4.6 times it's average daily put volume and right now options market implying a move of 5% by the end of next week after they report wednesday. the most active options june 85 strike puts over 6100 traded including 4700 for price of $3.15 that occurred first thing in the morning the buyer making a bearish bet that oracle will finish at the end of next week lower and earnings could potentially be a disappointment. >> thanks for that, mike, see "options action" the full show friday at 5:30 up next, final trades. ♪ ♪ ♪ ♪ managing network connections used to involve a spinning wheel and juggling multiple inputs, but now with solutions to simplify network management from anywhere, the future works better. a vmware® future ready workforce solution orchestrated by cdw®, automates and scales, access to applications and data, keeping employees secure and productive in the cloud, on premises and everywhere in between. so sit back, relax and dip your toes into a new way of working. vmware® and

let's bring in mike khouw for a look at interesting options activity in one of the big energy names mikeconoco-phillips, trading at 1.8 times the average daily put volume and what caught me eye was the 58.5, 58 put spread that the stock would give back 3% and the other was the sale of the august 55 puts so i don't think this is bearish, just a bet on a small pullback by week's end. >> thank you very much. >> and for more "options action" tune in to the full show on friday we have to tell you this 5:30 p.m. eastern time up next, your final trades it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪ woo! you are busy... working, parenting

going to take speak to the cfo of -- and we've seen a big pickup in options activity let's get to mike khouwion. >> already this is a name that trades a lot of activity normally over 1,000 calls but it traded three times the volume and calls outpaced puts by more than 4 1 to one. they were all 50 strike. the july 2nd and the august 50 so options traders appear to be betting that the stock has more room to run. as much as 10% by the end of the this week or by july or august expiration. >> thanks for that you were pointing out the action ofviacom today. >> i couldn't find a reason. i doent know if it was the options that led it. i have no idea but i'm long. >> interesting mike, thanks for that. for more "options action" tune into the full show at 5:30 p.m. eastern time nt,inupex fal trades. ♪ ♪ ♪ ♪ ♪ these days you have to keep everything moving and reinvent the wheel. with a hybrid, you can do both. that's why manufacturers are going hybrid with ibm. with watson on a hybrid cloud factories can use ai to automate the little things so they can focus on the next big thing. businesses that want t

mike khouw said he never seen anything like it he will break down the blockbuster activity plus watching