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td ameritrade.g customer service that has your back. >>> welcome back to "options action." two week back brian laid out a way to play salesforce. sales popped. you're in the green. how are you managing it now? >> this is about to expire. great winner for us. a simple way to close this trade out and be done with this and realize all the gains from it would be to buy the 220 put. i'd look to buy that below 150 dids and close it out. we have i read 25 analysts upgrade this stock. this is a nice winner. you want to look to close it out, buy the put, and be done with it. crm, great earnings. i think there will be opportunity to buy it back but this is a stock that's looking more be more to the upsite. >> good job on a nice trade. >>> up next, answers to questions and the final call. ptnsctn"s ckn two. ♪ (upbeat music) ♪ ( ♪♪ ) constant contact's advanced automation lets you send the right message at the right time, every time. ( ♪♪ ) constant contact. helping the small stand tall. you ok, man? the intern

td ameritrade.award-winning customer service that has your back. >>> welcome back to "options action," the first zero day launching this week, the defiance nasdaq 100 option income fund tracks exactly that, the nasdaq 100, the goal to have daily distribution with put options, as a refresher, the zero day, expires the same day the contract is entered into. joining us is most of cnbc's etf edge, who better to ask, bob, give us the lowdown here. >> i'll tell you, i'm of two minds about this. i've been covering this a while. the guy making the money on this. i think on one hand it's great. there's new ways to play the market. and the appeal to retail is very obvious. it's a one-day bet. you win or lose the same day. it's cash settled. that's the key. cash settlement. and you get this nice little dopamine rush. it's a one-day bet. on the other hand, you know, the jack vogel inside of me says do we need to expand the derivatives market, and particularly for retail, which is what this is geared towards. it

td ameritrade.award-winning customer service that has your back. ♪ (upbeat music) ♪ ( ♪♪ ) ( ♪♪ ) ( ♪♪ ) -awww. -awww. -awww. -nope. ( ♪♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. the power goes out and we still have wifi constant contact. to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. >>> welcome back to "options action." last week we told to you skip the spam and laid out a bearish trade on hormel. the stock dipped nearly 4% since then, putting this one in the green. carter, what do you make of this price action? >> pretty bad. staples have taken a hit as a group, things like hershey, general mills, but this one is und

td ameritrade.ard-winning customer service that has your back. >>> welcome back to "options action," we're looking ahead to key earnings reports still on the horizon with a special focus on the consumer and first up is costco reporting tuesday big box retailer up more than 20% this year, higher today as well, and if you're hoping this one bolts up even more, mike has a way to play it. what's the trade here, mike? >> so costco, this as many will know is one of my holly index names, a holding of ours, a longtime holding, and, you know, costco is interesting with respect to the grocers, this a company that's growing its top line, in real terms, they have better margins than most grocers do and they have recurring revenues in the form of membership fees. the only challenge that we have with costco is that we can invest in great companies or we can buy companies at great prices, oftentimes though we can't get both. great companies at okay or fair prices, or you can get okay or fair companies at great pri

td ameritrade.nning customer service that has your back. >>> this may not sound like an investing tip, but wash your hands and don't eat cheap. two staple stocks with different performances. it may have you skipping the scam and going on a cleaning ping. start with hormel, carter. >> it's a very steady business, majority shareholder, owns 46%, run the company for long-term results and you can see that here, going back since 1980, hormel foods, seller of spam, as quadrupled the performance of -- and coke consumer famous staple of all. hormel is on the ropes, you can see that on the next chart, trading in relation to the up trend line in effect since the financial crisis low we're toying with the prospects of breaking trend, you can see we also tried to break out and failed, i think we're going to break to the downside. unhappy fundamentals this week, earnings were light. final chart, take a look at relative performance here. this is, again, having outperformed the market to such an extent, but relati

td ameritrade.ard-winning customer service that has your back. >>> welcome wac to "options action," another tech name out with earnings next week, adobe, the software stock surging this year, up nearly 67%. if you think photo shopping this one out of your portfolio after its big run is a good idea, think again, mike's got a way the play it. mike, what's the answer? >> adobe is one of our holdings, and one of the reasons or two, really, the reasons for that is that they are at the intersection of a couple secular tail winds that i think are quite important. one is digitization, we're talking about the fact that -- this was accelerated by remote work, where increasingly move to digital work, and,you know, if you think about how that impacts people just imagine something like docusign, their equivalent is e-sign, but that is a big benefit for them. another, of course, is social media creators who will use a lot of their products, including things like creative cloud. we're talking about people creating

shares down 35% this year amid this delayed succession and an integration of td ameritrade.etails on that in just a few moments. >>> it has, a tough summer for the s&p. down about 3% ifn q3. but energy is definitely leading in terms of individual tickers and sectors. we've talked about this, the performance so far this year. not exactly what we thought of at the beginning, as 2023 began. >> who knew that oil would spike back up to 90, after it had come back down to 70. european market also knowing for the morning, for the month, and the quarter. continuing to worry about inflation and high interest rates. the higher-for-longer theme weighing on german consumer sentiment. market research firm gfk lowering consensus by 50 basis points this morning. all of that pessimism overseas is boosting the dollar even further and prompting ubs to upgrade its view of the u.s. dollar. the bank moving the currency to neutral from least-preferred, as it has appreciated more than 6% versus a year. kind of late for this game, for this matter. since mid-july. and sees memory risks skewed to the

td ameritrade, this is anna. hi anna, this position is all over the place, help! professor, subscriptions are down but that's only an estimated 15% of their valuation. do you think the market is overreacting? how'd you know that? the company profile tool, in thinkorswim®. yes, i love you!! please ignore that. td ameritrade. award-winning customer service that has your back. (fan #1) there ya go! that's what i'm talkin' about! td ameritrade. (josh allen) is this your plan to watch the game today? (hero fan) uh, yea. i have to watch my neighbors' nfl sunday ticket. (josh allen) it's not your best plan. but you know what is? myplan from verizon. switch now and they'll give you nfl sunday ticket from youtubetv, on them. (hero fan) this plan is amazing! (josh allen) another amazing plan, backing away from here very slowly. (fan #1) that was josh allen. (fan #2) mmhm. (vo) football season is here. get nfl sunday ticket from youtubetv on us. a $449 value. plus, get a free samsung galaxy z flip5. only on verizon. power e*trade's award-winning trading app makes trading eas

the firm attributes the steep decline to asset attrition as it integrates the ameritrade business. day weekend to convert former ameritrade clients and migrating $1.3 trillion in assets from investment firms and 3.6 million retail accounts. total client assets were over $8 trillion at the end of august, up 22% from 2022. >> thank you, leslie. you know, mike, i mean, you still have this tremendous competition to everything from money markets where you're, you know, you can get in certain ends of it, 5%, and you can blame whatever you want on the consolidation of things here, that and the other, but it remains an issue and it's going to for some time. >> it does remain an issue, although in this instance, i think we knew to be worried about what the paper losses were at the schwab bank and all the funding cost issues. we were past that, but i think one of the things that people who invest in charles schwab have not really had to wonder about is, are they going to continue to be a major collector of investor assets? because that has been the machine. they've just been kind of sweeping

td ameritrade. award-winning customer service that has your back.trade. is it possible? with comcast business... it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic across all of our locations? yeah! absolutely. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. (sirens) [due at target in 5!] copy that. make a hard left down the alley. network's got you covered. [please confirm requesting back-up.] -changing route. -go. roadblock ahead. ...back up, back up... reverse! reverse! next level moments, we're 30 seconds out. need the next level network. [north corridor, hurry!] -coming through! -or 3, let's go. the network more businesses choose. transplant received. at&t business. ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie col

td ameritrade.award-winning customer service that has your back. ( ♪♪ ) sometimes, all the tenacity and grit in the world... ...can't overcome the boundaries we face. ( ♪♪ ) so morgan stanley is partnering with the women's tennis association to remove them. ( ♪♪ ) because this game is for everyone. ( ♪♪ ) >>> welcome back to "fast money." stocks rallying even as the latest inflation reading came in hotter than expected. the dow jumping more than 300 points. best day in more than a month. the s&p and nasdaq climbing 0.8%. shares of at&t rising. they expect cash flow to be in the range of $4.5 to $5 billion. stock 3% higher on the day. >>> shares of arm holdings jumping 25% in their nasdaq debut. our next guest believes arm could help jump-start the appetite for ipos. rick heitzmann is with us. he's founder and partner at first mark capital. >> thank you for having me back. >> new set. >> it's awesome. >> in terms of today's debut, what do you make of it, and we had a guest yesterday saying that he th

the firm saying it still hasn't recovered from deposit level attrition after its takeover of td ameritradedoor. what would you do with this one? >> well, kelly, i'm going to be consistent again. i'm going to give this one a buy, and it's because i think schwab is a great company. and right now, the market is not really appreciating the valueof the company itself on a moving forward basis, and you're right. the stock has really been crushed this year and hasn't really recovered from the steep decline in assets, which really goes back to march as part of the overall banking crisis, but keep in mind they just recently finished an integration with td ameritrade, which really gives them an opportunity to capture some cost synergies, focus on products and solutions they promote to their clients and customers, and also just consolidate assets on one single platform which can create more opportunities for growth. and again, we think the forward pe in this market is pretty attractive. so, we think this stock still has some room to run after this eventually -- after the selloff eventually passes thi

td ameritrade. where smart investors get smarter℠.ossible? with comcast business... it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic across all of our locations? yeah! absolutely. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. ♪♪ we're not writers, but we help you shape your financial story. ♪♪ we're not an airline, but our network connects global businesses across nearly 160 markets. ♪♪ we're not a startup, but our innovation labs use new technologies to help keep your information secure. ♪♪ we're not architects, but we help build stronger communities. ♪♪ we're not just any bank. we are citi. ♪♪ >>> welcome back to "fast money. instead of our game of so bad it's good, we look at names gearing up for a breakout. the chart master has a couple of stocks and look at the short side,

. >> announcer: the lightning round is sponsored by td ameritrade.r will be critical for the fed next. to duckduckgo on all your devie duckduckgo comes with a built-in search eg but it doesn't spy on your seac and our browser blocks creepy ads that follow you around fro and other companies. and it's free. download duckduk >>> when the book is written on this period, fed chief swra po jay powell will go down as the guy who piled onto the economic plane into a course that gave you very little inflation turbulence and a smooth ride. wouldn't say a hard landing or a south landing, which is a piece of outdated wall street jargon that doesn't apply to the current moment. i'm sick of it. powell's raised rates to play for time, got our supply chain crisis sorted out, which allows him to avoid any kind of landing. goldman sachs took its odds for recession from 20 to 15%. the plane's not falling from the sky, it's just busy flying. why doesn't powell therefore get the respect he deserves? some of it's a belief that he kept rates too low too long. in retrospect

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