our thanks as always to carter braxton worth of oppenheimer.p next, the final word from the options pits. and you don't want to miss it with thinkorswim by td ameritrade. you get knock-your-socks-off tools, simple one-click orders, real-time paper trading to hone your skills, plus anytime you need it support. ♪ stocks, options, futures, and forex. get your trading on track. thinkorswim by td ameritrade. trade commission free for 60 days, plus get up to $600 when you open an account. >> get more with our newsletter delivered directly to your inbox, packed with information and analysis. this is the extra edge you need. >> with the summer olympics just a hop, skip, and a jump away, one athlete is unlikely to make china's squad. after missing the first two, the man blasted through the remaining hurdles chest first. he still managed to take home an impressive sixth place finish and that is what we call optional viewing. >> time now for the final call. scott? >> i'm not as pessimistic as some people, but if you need protection, buy in the s & p. >> d

our thanks as always to carter braxton worth. got a question out there. we'll answer it after the show. we do love to get e-mail. don't be shiechlt also find a lot of educational material there so check it out. >>> here's what's coming up next. >> talk about a morgan mishap. last weekend they made a bearish trade on jpmorgan but the stock has soared on earnings. so what's his plan tore getting his money back. find out when "options action" returns. >>> time for pop up the volume. grab a controller, hit video games are the company's bread and butter. it's always got that must-have stocking stuffer. options traders firing up betting that they will soon be at the top of its game. who is it? the answer when "options action" returns. there's nothing worse than going to the post office and waiting in line. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. postage for all your letters and packages. it gives you the exact amount of postage you need the instant you need it. can y

call to the charge with carter braxton worth. carter? >> sure, let's have a look at the charts. i have three all the same time frame. so this is a five year chart. and google tops with the market 7 and 750. nice steady up trend. in principle, what is important is take a look at the next drawing. as you work higher and higher, you also have a flattened top which means there is tension building here at the 600 plus or minus level. the presumption is each time you probe it you are removing more and more supply. same five year chart. on an annual basis. in '07, when they were at all time highs, they made $19.49. in '08, 2320, 2010, 3604. so this is called pe compression. the presumption is the resolution is up. we're going long here. it will be powerful. mike, do you agree? >> i do agree. i was reflecting earlier, this stock is exceptionally cheap. one of if reasons they have this business is nobody else really competes with them. i don't think anybody else is going to. they have many businesses they are looking at ways to monetize. the droid phones and not really a driver of revenu

let's call to the charts for the one and only carter braxton worth of oppenheimer. >> let's look at the charts and see if we can figure it out that way. a couple. two-year chart, a daily, and we'll put this in to so bad it's good category. consistent down trend, not stopping. let's put this in time perspective. longer term chart, where we are now, 21, right back to the lows of '09, when the world was ending, lehman going under, and at 21, this is where it ricochets. a few valuation charts. price to earnings. a record low. five times. the next one is price to cash flow. three times, this is 20-year chart. lowest it's ever been. price to sales. year two, talking about a .1. this company continues to actually put up the numbers, despite amazon and everything else. and the final chart, let's look at price per share versus earnings per share, going back to the early '90s. a record quarterly result the past quarter, record trailing 12 months, share prices saying something different. which has it right? we think this sell-off has discounted too much. >> all right. technically, the stock looks

let's call to the charts and find out with the high-end name himself, carter braxton worth. >> a couple of charts here. let's take a look. whole foods one-year chart and today's weakness as you point out has left us right on the trend line that's been in effect for the last 12 months. take a look at the same chart over five years. today's sell-off, well defined lines, parallel lines, draw them without subject activity. we close right at the mid point of the five-year trend. i want to take a look at a really long-term chart. whole foods, $7, $7, back in the late 90s, touched 7 exactly in the low, low nine. and this comes to a violent way to all-time highs. can you look at the same time frame, price per share of earnings per share. it shows volatility of share price, the overshoot is price. undershoot is price. the more stable line, of course, is the earnings. all about what they say coming up if the earnings are in trouble, the stock is not going to hold the trend. we think you make the bet, it holds the trend. >> you certainly made some point there, you need it given where you are shopp