mike khouw is in austin to break down the options action. >> hi there. we saw an above average put

to perform >> it looks like symptom traome are betting that tesla will continue let's get to mike khouwelissa given its high share price, notionally it's much more. we saw buying of the weekly 320 calls, those are making bets that the bump that we saw today could continue and the stock could close above 321.35 by friday i'm shortest la using options and speaking to guy's level, i own the 325 call as a stop and i'm long the 285 puts figuring that might be where it breaks down i love the product but at some point $62 billion of enterprise competition enters the picture, it will be tough to evkeep it up >> thanks, mike khouw. "options action" will be off this friday, we know you're sad, but we'll be back for more "options action" next week >> up next, final trades stay tuned well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates

mike khouw is here at the plasma to break it down >> we saw well over three times the average quit volume. by the close it traded four times the daily put volume what is interesting though was one of the trades that i saw that suggested perhaps that this might be almost over what we were seeing was a big sale this is a pretty big institutional product, actually, of the 86 puts in january and the 87 calls i should probably be using a line like that so basically they're expecting it to be range bed, closed just below 87, but they collected $1.85. that essentially means they're expecting it to be within this range, just about the yearly high and just about last november's low is the range they're looking for. this is basically a bet that most of the damage is probably done >> all right, thank you, mike, mike khouw check out the full show of "options action" tomorrow, 5:30 p.m. eastern time. >> special guest >> you >>> up next, are you buying or selling steve grasso's pitch on avis 'lrealheestsftwel ve t rul aer the break. well, it's earnings season once again. >>yeah. lot of tech companies a

let's get to mike khouw in austin with the options action hey, mike. >> jcpenney is implying a move ofacy's implying a move of 9% co kohl's stores and nordstrom implying a move of 8%. kohl's store saw double the average call volume. they were buying the 41 1/2 calls that expired this week, selling the 45 against it, one by two what that is is a bet the stock is going to trade up actually out of earnings up to that $45 level by the end of the week, contrary bet there >> thanks for that, mike khouw in austin for us for more "options action," check out the full show, friday 5:30 p.m. eastern time. >>> coming up, royal caribbean cruising to all-time highs after its earnings report this morning. after you hear what the ceo just told jim cramer, you might be buying the stock too cramer will join us live in a few minutes. >>> the political shake-up in saudi arabia sending oil prices up this week helima croft will tell us how high she sees it going well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many op

. >>> shares of e-commerce giant alibaba are up this year let's get to mike khouw in austin with moreike >> reporter: hi there. i traded over 300 today. traded at over double its average. one of the notable trades we saw was a buyer of the november 200 calls bought 4,000 of those then sold 4,000 each of the 15 calls in the 20s basically this is somebody who is betting this stock is going to make a move about 15% to the upside within the next two weeks >> thanks for that, mike, mike khouw in austin. check out "options action," friday 5:30 p.m. eastern time. grasso >> the stock is up 112% year to date i'm still long it. this is a stock that's beaten on revenue for the last two years they're making a heavy push in cloud and artificial intelligence they're investing. it's still at a great multiple the average price target on the street is $210 i'm still long it. i think the path of least resistance is still higher >>> up next, tesla sinking after hours. the conference call under way. elon musk getting a little heated we'll bring you the comments after the break. i think it's terrific. you

mike khouw is in austin to break down the options action. >> hi there.an above average put volume in fxi today largely as the result of a put spread that was purchased, a 47-43 put spread was purchased for $1.50, over 12,000 were purchased by the close. the buyer of that put spread is making a bet it will be below that $47 strike by at least the $1.50 they paid and maybe as low as that 43 strike. that's basically a downside move they'll be anticipating of 4 to 9% within the next 80 days >> all right, thanks for that, mike khouw in austin, texas for us for more "options action," check out the full show, friday 5:30 p.m. eastern time. >>> coming up, buffalo wild wings surging today after arby's said it would acquire the stock for $2 billion who will be the next fast food combo? >>> plus another day, another record for bitcoin, the crypto currency now flirting with $10,000. we'll tell you how much higher some see it going. me asmoy"ft aer this i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ev

. >> all right still ahead, our very own mike khouw tripled his money in baba this week and he's got way to make even more cash. he's going to explain. >>> plus don't call it a comeback but starbucks shares closing the day higher by more than 2%, good news for draan's bullish trade the coffee giant, when "options action" returns. i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution. good to know. >>thanks, mike. we got your back kate. >>does he do that all the time? oh yeah, sometimes he pops out of the couch. help from real traders. only with td ameritrade. well, it'sonce again.eason >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have

but professor khouw has a way to play these names mike >> we'll look at using a call spread why?e're taking a look at committing new capital to a stock that is trading at its highs. secondly we have potential for a great deal of volatility, and we've seen a lot of volatility in bitcoin and other stocks as well we use a spread because the options premiums are similarly high a quick look at square, how much this stock has moved of late what goes up could potentially come down. we want to obviously avoid the risk that that happens to us so what i was looking at, going out to january, you could buy the 45, 50 call spread, spend $3 for the 45, sell the 50s against it for $1.30, a net debit. it seems like it's an on a one-way ticket to the moon right here this is a way to commit a little bit of money to the trade in case were you evyou think the rn to continue. >> i like the trade if you're inclined to buy the stock. this is a stock that's up 200% on the year and who knows what the next 10% will be getting the entry is difficult if any of you guys are really interested in this story, t

wave, hitting all-time or multi-year highs this week as they brave the crypto-currency but professor khouwas a way to play these names mike >> we'll look at using a call spread why? we're taking a look at committing new capital to a stock that is trading at its highs. secondly we have potential for a great deal of volatility, and we've seen a lot of volatility in bitcoin and other stocks as well we use a spread because the options premiums are similarly high a quick look at square, how much this stock has moved of late what goes up could potentially come down. we want to obviously avoid the risk that that happens to us so what i was looking at, going out to january, you could buy the 45, 50 call spread, spend $3 for the 45, sell the 50s against it for $1.30, a net debit. it seems like it's an on a one-way ticket to the moon right here this is a way to commit a little bit of money to the trade in case you think the ride is going to continue. >> what do you think of this trade, dan >> i like the trade if you're inclined to buy the stock. this is a stock that's up 200% on the year and who kno

. >>> still ahead, our own mike khouw tripled his money and he's got a way to make more cash. >>> don't call it a comeback but starbucks closing higher over 2%, good news for dan's bullish trade on the coffee giant. i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution. good to know. >>thanks, mike. we got your back kate. >>does he do that all the time? oh yeah, sometimes he pops out of the couch. help from real traders. only with td ameritrade. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] mmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, whi

the almeda khouw commission is sponsoring that project and put together these examples showing how the path would look. the project has been in the works since 2008. they do need to get a sequel study done before the grant money expire next year. construction cost is estimated at $161 million. >> rain in the forecast tomorrow. here's a live look at sky climbs as seen by our sfx: tinny headphone music sfx: feet shuffling life can change in an instant. be covered when it does... ...with a health plan through covered california. we offer freexpert help choong the best plan for you. and all of our plans include free preventive ca. financial lp is available, so check for yourself to see at savings you qualify for. for health insurance starting january 1st, enroll by december 15th. because you never know when life... ...will change. get covered today. the energy conscious whopeople amongsople? say sml actions can add up to something... humongous. a little thing here. a little thing tre. starts to feel like a badge maybe millions can wear. who are all these caretakers, advocates too? turns ou

good manager don't sell a share connor in new jersey >> caller: a big booyah to you cramer >> holy khouw. rig crow. right back at you what's going on >> caller: well i haven't been to your restaurant i've been watching the -- >> we are west point what a great time we had. so, so many younger people watching this show it's just fabulous i was up in espn yesterday, a lot of people watched the show there too. how did i help >> caller: jim i've been following the stock of iconic for a long time -- >> yeah it seems to be -- >> caller: i don't know where it's going, what do you think? >> i think it's worth more than selling but obviously the stock's breaking down. i've been talking to a colleague who said he's giving up the ghost. i think the value will be brought out when we get the management team in action. i'm not disheartened but i see it's going to go down before it goes up. we're going to hold it we're going to tell club members that when we have a conference call tomorrow. >>> we've seen take overs that are bound and management that brings their companies forward then we've seen ge, th

the almeda khouw commission is sponsoring that project and put together these examples showing how theproject has been in the works since 2008. they do need to get a sequel study done before the grant money expire next year. construction cost is estimated at $161 million. >> rain in the forecast tomorrow. here's a live look at sky climbs here's a live look at sky climbs as seen by our ( ♪ ) ( ♪ ) (gasp, shriek) to the next generation of greats... i got it over! we're excited to meet you. hi, we're alaska airlines. but we're all over california. so you can power lunch in la. ink the deal in san jose. and bask in the glory in palm springs. over 90 daily non-stops in california. alaska airlines. that's how we fly. . >>> are you in the market for a used car? >> 7 on your side's michael fenny is here with some advice. >> since that historic flood waters from hurricane's harvey and irma receded the next flood could be a wave of water logged cars headed to used car lots in the bay area. those cars could have a boat load of problems. how to spot a flood damaged car before you drive off the lot

stock surging 100% this year one trader is making a big bet that there's even more room to grow mike khouw the plasma >> hi, scott we saw some activity down here close to 180 they're using options to make a play what they did was buy the january 180-180 call spread for $3.75, risking about 2% of the stock price to make a play that is going to go back and retest those highs byjanuary expiration >> a big run for that stock, mike, thanks final trades next. i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution. good to know. >>thanks, mike. we got your back kate. >>does he do that all the time? oh yeah, sometimes he pops out of the couch. help from real traders. only with td ameritrade. your bbut as you get older,ing. it naturally begins to change, causing a lack of sharpness, o