spy, puts. >> karen finerman. >> what is isolated u.s. and shouldn't be involved here, cbs.his is what we do well, content. >> we do this well. >> when markets are in turmoil today. >> yes, they are. >> you know what rallies gold rallies you know what rallies more than straight gold? gold miner >> and bitcoin. >> and bitcoin for our friend bk. >> that does it for us don't forget, our "markets in turmoil" special on cnbc following "options action" at 6:00 ywrehe meantime, don't go anhe "options action" is coming up next ♪ maybe i'll win ♪ saved by zero through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from managing inventory... to detecting and preventing threats... to scaling up your production. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. >>> "options action", strategies from the street's top traders. from the street's top traders. new understand to profit fro roxana: our students don't have part-time needs. so they absolutely cannot have part-time solutio

your traders on the desk are pete najarian, tim seymour, karen finerman and guy adami a wild wednesday on wall street, stocks tumbling early in the session only to stage a monster comeback we will find out what drove the big turnaround we are keeping an eye on shares of lyft. it has been a bumpy ride after session. we have full team coverage standing by to break down the big headlines but we begin with the market's roller coaster ride at one point the dow was down 589 points, but then came the turnaround yields started coming off the lows and stocks staged their biggest comeback of the year what was behind this tim. >> i think we just got so oversold, mel. if you look at the ten-year, we were actually at 20 years we hadn't been this oversold in relative strength or how you want to measure it, but you can measure it we went from 204 down to kind of 161, 159 i think was the low on the 30-year bond we got within a whisper, we might have touched, probably a bit north of the all-time historical low set on july 8th so when you came in this morning, it was bonds, banks and brent which were dr

the traders on the desk are pete najarian, tim seymour, karen finerman and steve grasso.he great american consumer to the rescue again retail stocks surging into today's session, target handing in its best day ever we are keeping an eye on share of elle brands and nord strzok, on the move after recording results. nordstrom's conference call is getting under way. we will break down the highlights we begin with a big move late in the session in the bond market, another possible recession signal being shot as the yield curve inverts again. we have had two inversions in a week, it is like inversion wednesday is here. are things different this time around, pete, because this time stocks barely reacted. granted, it was fleeting but we are ever so close to the inversion. >> that's true but the reaction i think does speak something about what's going on in the market right now, and i would also add volume yesterday, volume today, at least in the derivatives world, has been absolutely depressed. steve can talk about the nyc, but we are seeing volumes that were unbelievable. we are

. >> karen finerman? >> yes, i would probably be looking to sell some target of 110.nings by the time of the expiration so you don't get the volatility, but i think, you know, it protects you almost ten points up from here it has had a great run i like the stock but i feel like the options are a little slump. >> that does it for us on "options action" catch us back here next friday catch us back here next friday at 5:30 p.m. eastern time. looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ i'm not really a, i thought wall street guy.ns. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it

. >> karen finerman? >> yes, i would probably be looking to sell some target of 110.t have earnings by the time of the expiration so you don't get the volatility, but i think, you know, it protects you almost ten points up from here it has had a great run i like the stock but i feel like the options are a little slump. >> that does it for us on "options action" catch us back here next friday at 5:30 p.m. eastern time. meantime, don't go anywhere. we have "markets in turmoil" starting at 6:00 p.m. right after this quick break o make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies >>> "options action" is sponsored by - see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're com

your traders on the desk are tim seymour, karen finerman, guy adami. we will break down the headlines. we are watching shares of wynn and match, both stocks on the move after reporting results we are all over today's rally. stocks seeming to bounce back after the worst sell-off of the year is it an all clear we will debate that. we begin with a big mover after hours, disney. we'll go straight to julia boorstin with the details. >> reporter: melissa, in his comments on the call, disney ceo bob igor stressing that the lower than expected results on the quarter are results of the big changes he implemented at the company, both fox's acquisition and disney's pivot to embrace the direct to consumer business they're investing in right now igor just announced consumers will be able to subscribe to a bundle of their services for $12.99, they will get hulu, espn and disney plus, worth noting it is the same cost as netflix. take a listen to his comment here. >> our results reflect our efforts to integrate the assets, businesses and talent we acquired in order to

traders on the desk are tim seymour, karen finerman and guy adami.he selling is widespread with the dow dropping more than 800 points all 11 s&p 500 sectors finishing the day in red the market meltdown leaving investors on edge and sparking fears a recession could be on its way. what is your take on the day, guy adami? >> my take on the day is it makes a lot of sense volatility is here i think volatility will continue to grind hard. pete can speak to this when is it over? that's what everybody wants to know so i can pontiff indicatic. we are looking for a vix that climbs to 30, we have seen it peak out before. or you are looking for the s&p 500 to put in a low of 2690 or so, which is midway between the low we saw december 24th and the recent high in the s&p 500 of 3025 carter will be on and i'm sure speak to levels, but those are the things you are looking for in terms of it doesn't make sense, i think it makes sense and i will say this as well. the gold market has been telling you something like this has been in store for the last few months, mel. >

tim seymour, brian kelly, karen finerman and guy adami a monday market meltdown as wall street hands in its worst day of the year the selling was widespread all 11 sectors finishing the day deep in the red led lower by technology the cause china. that nation effective i. weaponizing its currency sending the yuan lower, turning the the trade war into what many are considering right now a full-blown currency war. we've got full team coverage of this dramatic turn of events let's things off with bob pisani live on the floor of the new york stock exchange. hey, bob >> and melissa, we had a tough day here i want to give a sense of what happened last time china devalued its currency. this was about five years ago in august 2015. the last time china devalued its currency was in august 2015. that happened on three consecutive days of devaluations that was beginning on august 11th the market was very different back then. it was a different picture for the overall markets. china's currency was appreciating back then that's a big difference to now the stock market in china was just roaring it w

traders on the desk are pete najarian, karen finerman, dan nathan, guy adami. roller coaster. >> i hate that. >> tyler, we had a whole conversation. >> some would call it a roller coaster ride on wall street as stocks bounced between gains and losses throughout the session. we will find out what is driving all of the volatility. also, whose hand is that coming in there look at that. >> creepy. >> also ahead, shares of nvidia and applied materials, both on the move after reporting results. noti those conference calls kicking off. that one, bige fraud than enron. allegations about the company, ge, having its worst day in more than a decade after a whistleblower, a high-profile one, called it bigger than enron fraud wise we will have the full fall-out we begin with the topsy-turvy thursday for your money, wild market swings on wall street she is down, she is up, she is down, she is up. many investors left with their heads spinning falling yields china headlines, consumer data, all driving big moves. how should investors navigate all of the volatility? guy, i will

the traders on the desk are pete najarian, tim seymour, karen finerman and steve grasso.rican consumer to the rescue again retail stocks surging into today's session, target handing in its best day ever we are keeping an eye on share of elle brands and nord strzok, on the move after recording results. nordstrom's conference call is getting under way. we will break down the highlights we begin with a big move late in the session in the bond market, another possible recession signal being shot as the yield curve inverts again.

your traders on the desk are pete najarian, tim seymour, karen finerman and guy adami a wild wednesdaytocks tumbling early in the session only to stage a monster comeback we will find out what drove the big turnaround we are keeping an eye on shares of lyft. it has been a bumpy ride after session. we have full team coverage standing by to break down the big headlines but we begin with the market's roller coaster ride at one point the dow was down 589 points, but then came the turnaround yields started coming off the lows and stocks staged

traders on the desk are pete najarian, karen finerman, dan nathan, guy adami.r coaster. >> i hate that. >> tyler, we had a whole conversation. >> some would call it a roller coaster ride on wall street as stocks bounced between gains and losses throughout the session. we will find out what is driving all of the volatility. also, whose hand is that coming in there look at that. >> creepy. >> also ahead, shares of nvidia and applied materials, both on

your traders on the desk are tim seymour, karen finerman, guy adami.the headlines. we are watching shares of wynn and match, both stocks on the move after reporting results we are all over today's rally. stocks seeming to bounce back after the worst sell-off of the year is it an all clear we will debate that. we begin with a big mover after hours, disney. we'll go straight to julia boorstin with the

traders on the desk, sincere, brian kelly, karen finerman and steve grasso a major market sell-off, stocksing as the president turns up the heat on the trade war with china, the president blasting china in a tweet at 10:59 a.m. eastern time. and look at the market reaction after that stocks plunged and never recovered. we finished the day near the lows of the session, all of this as fed chair jerome powell

tim seymour, brian kelly, karen finerman and guy adami