. >> thanks for that effort carter mike, what's the trade. >> we've seen so many risk assets hitting highs as carter was talking about we see some of the store of value types of plays like bitcoin also doing extremely well people have been a little perplexed sometimes what they've wondered why it is that gold hasn't been hitting all time highs. i high we heard guy express some wonder about this from time to time i agree with carter that this is certainly a place where it gets to basically play on two things. we started to see some creep in inflation that this industry is in the business of selling, that could be a potential bit of a positive i think that's something we could take a look at as well i like xme which isn't an etf that we talk about that off and on like so many places, even though some of these things are approaching some of these highs, the implied volatilities, the options on these things aren't necessary. we'ring look for ways to sell premium to help advance the bullish position i was taking a look at a diagonal risk reversal i was looking to use the proceeds of about

thanks for that, carter mike, what's the trade >> yeah, so i think this is an interesting case we've seen so many risk assets hitting new highs as carter was talking about. we see the store of value types of plays like bitcoin also doing extremely well and people have been perplexed sometimes when they've been wondering why it is that gold hasn't also been hitting all-time highs we've heard guy adami express wonder about that from time to time i agree with carter that this is a place where it gets to play on two things if we started to see some creep in inflation in the products this industry is in the business civiling that could be a potential positive it's a bit of a reopening play to see more industrial activity. and i like the constituent stocks of xme which isn't an etf that we talk about that often. i would point out that like so many places and we seem to be saying this quite a lot lately even though some of these are approaching some of these highs, the implied volatilities, the options on these aren't necessarily. here we're going to be looking for ways to sell a little prem

the dice on mgm keeping cool with yeti lessons learned from a gray swan delivered by swaum carter worth, mike khouw, tony zhang. disney shares on a magical ride up nearly 28%, and the house of mouse could be heading to a fresh new all-time high. mike >> yeah, so this is an interesting situation. we've got disney close did all-time highs here. if people are just taking a look at the historical performance of the company, one of the things you might be asking yourself is, we've got free cash flow for the year, that's probably going to be one-sixth of the peak it reached in 2018. we've got net income that's going to be a small fraction of what it was in 2018. the parks are closed what is the bull case here the bull case is a couple of things disney plus. just shy of 90 million subscribers, maybe the 2024 expectation of multiplying that by close to 4, 350 million subscribers, pet in perspective, soundly in competition with a company like netflix which itself has over a market capitalization of over $200 billion. this week we heard california legislators talking about the possibility of reopening

disney rolling the dice on mgm keeping cool with yeti with us, carter worth, mike co-and taupe zhang let's get right to it. magical ride up. our chart master says the house of mouse could be heading to a fresh all-time high on earnings next week. let's go to mike with the outlook for disney mike >> yeah. i mean, so this is an interesting situation. wie got disney close to all-time highs. if people are looking at the historical performance of the company, one of the things you might be asking yourself is we've got free cash flow for the year that's probably going to be one-sixth of the peak it reached in 2008. we've got net income that's going to be a small fraction of what it was in 2008. the parks are closed what is the bull case? the bull case is a couple of things for one, disney plus maybe the 024 expectation of multiplying that by four 350 million subscribers. that puts them soundly in competition with netflix, which itself just has market capitalization of $200 billion we heard california legislators talk about reopening parks in the state of california. disneyland brings in ab

disney rolling the dice on mgm keeping cool with yeti with us, carter worth, mike co-and taupe zhang let's get right to it. magical ride up. our chart master says the house of mouse could be heading to a fresh all-time hig

>> i completely agree with mike here in terms of my views on kre are far more neutral rather than bearish. carter's charts are compelling $66 all-time high when it was rejected at that level i think that puts a cap on kre also yields getting rejected at 150 basis points that resistance level in my opinion puts more of a neutral view on kre, especially because of the economic recovery if yield stabilized and the economic recovery continues, i think you have some potential upside for kre for those reasons, i do like mike's trade he's using a credit spread where we're typically trying to collect about one-third of the width. in his case he's collecting 38% of the width that means he's collecting more income, he has less risk on this trade. for those reasons i like the fact that even if kre breaks above its all-time high, his break-even pry is just shy of $67. even if it was a little bit higher, you can still be profitable on this trade. >> let's move on from bankses to big tech it has been a rough week for the tech sector. tony zhang says there's light at the end of the tunnel for one big titan in thi

>> yeah, i like both the technical and fundamental reasons mike and carter laid out. the pent-up demand with the theme parks, as well as the streaming numbers coming out from disney plus are very strong on the fundamental side. the chart setup looks strong for a potential breakout my only person is after the stock jumped from 150 to 170 on december 11th, the stock has underperformed since then. if we use comcast as a preview, comcast reported strong earnings and the stock didn't jump at all off the back of those earnings my concern is disney doesn't have that big breakout but that's why i like mike's trade two out of three scenarios of disney stock rises on earnings or if it trades sideways, this strategy is profitable only if disney's stock declines significantly do you see any significant losses here on this particular strategy. for those reasons, i like the trade itself >> comcast is a parent company of this network. carter, what's your response to the point that tony brought up about the trading pattern december for disney? >> sure. that's the point of -- when you

the dice on mgm keeping cool with yeti lessons learned from a gray swan delivered by swaum carter worth, mikegical ride up nearly 28%, and the house of mouse could be

so i completely agree with mike in terms of my views on kre are far more neutral than bearish. carter's charts are compelling you have that $66 all time high. yields getting rejected. that resistance level puts more of a neutral level on kre, especially because of the recovery if yields stabilize and the economic recovery continues, i think you have some potential up side for kre for those reasons, i do like mike's trade they're typically trying to collect about one third the width. they're collecting 38% of the width. that means they're collecting more income. he hasless risk. for those reasons i like the fact, even if she breaks a bug, it's an all time high. for those reasons, even if it was a little bit higher, you can still be profitable on this trade. >> let's move from banks to big tech it has been a rough week for the tech sector. the space down nearly 3% tony zhang says there's a light at the end of the tunnel tony, what are you looking at? >> yeah. i want to take a look at apple after what has been a record quarter on earnings both on top and bottom line, and i want to take adv

. >> time for the final call carter >> disney long >> tony. >> betting on mgm. >> mike. m i'm rooting for you, to bry. take it home >> have a great weekend. "mad money" starts now his cow reports after the close now that 5 g has come knocking and web x is doing better. cisco is gradually transitioning away from hardware toward more software and i think we're getting close to the inflection point where the stock gets a higher evaluation. can't wait for it to happen. you got to get in ahead of it. remember when twitter suspended trump's account there? at first we worried that would be bad for business but judging by the recent action in the stock, maybe they should have blocked him a lot sooner so far this is a great quarter of every internet brand from alphabet to facebook, that amazing quarter from pinterest twitter has plenty of room to run. wednesday morning we hear from general motors we got great numbers this morning from ford. marched by a semi conductor shortage if gm says the same thing now, maybe they won't be punished for it more importantly, i'm expecting an ex

carter worth charts the course then it seems everything always comes back to apple in some way, too, now, doesn't it tony sees the orchard through the trees. and finally, coming or going professor mikeund targets. it's time to risk less

carter worth charts the course. >>> then it seems everything always comes pack to apple in some way, too, now doesn't it? tony zhang sees the orchard through the trees. >>> coming or going? professor mikepler effect around target it's time to risk less and mak