plus -- >> get in, loser we're going shopping >> and so is carter worth and mike kho mike khouw becausehey sa there's one retail stock to buy that can weather the market volatility carter's on the charts and mike is on the trade. >> and later bond king jeffrey gunlock just made a bold call on the markets. >> i think interest rates are likely to go up. >> and he's got a way to make money using options. we'll break it all down. it's time to risk less and make more the action begins now. >> and let's get right to it because, as you know, it was a wild week for the markets and tech in particular the sector falling more than 3%, its worst week of the year as trade tensions are front and center and dan says there's one tech stock reporting earnings next week that could make or break the market rally let's get in the money what are you looking at? >> yeah. clearly in technology, i think cisco's earnings are important. they report wednesday after the close and the options market is implying a 5% move in either direction for that point and that is a 3.5% average over the last four quarters and w

mike khouw's with us tonight from san francisco mikey, what's the trade?ah, so, you know it's an interesting situation in caterpillar. this was a favored short some time ago people may remember they were talking about a commodity supercycle obviously, whether it was going to be good or bad depended a great deal on china, and it did manage to bounce back from some of those lows, and obviously, it's bounced back a little bit from those december lows and the bulls might make the case that right now the stock looks cheap. here's the thing about cyclical stocks -- you have to be very careful looking at multiples, because typically, forward-thinking investors recognize that there might be some hazards ahead so when you start seeing really cheap multiples, that actually can be as much a warning sign sometimes as much as things like high dividend yield. so i'm inclined to go along with carter here. i think the fundamentals are telling us that basically investors have significant skepticism about whether they can keep up the level of performance we've seen over the

mike khouw will explain how to get in on the ride without the risk. >>> and wall street is waiting for a trade deal. >> so you're telling me there's a chance >> maybe dan says maybe this could be the best chance to buy it's time to risk less and make more the action begins right now. >>> and yes it does. happy friday it's 5:31 eastern time good to see you. let's get right to it. we've got a number of big box retailers that are on detective for their earnings next week home depot, lowe's, target they're 3% to 5% after the earnings report. that's not all the chart master says one of these names is at risk of breaking down big time carter worth with the details and the name hi, carter. >> home depot doesn't act well as the technical expression goes as heavy, and i think there's risks going into earnings. here's the chart relative to ibt. that's the home builder's etf. a lot of correlation and the breaking down. 's the risk there. here's the message there's a risk in price. the market is saying something let's look at a few more charts. here ooh is the chart itself again, we have this circ

but mike khouw says there's one name in the blufrn that may be a one-up. calling all "options action" fan, reach in your pocket and tweet us your question @optionsaction. if it's nice we'll answer it on air when option option returns ♪ >> announcer: "options action" is sponsored by think or swim by 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 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 comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade >>> welcome back to "options action." gaming stocks getting wrecked with the biggest games near the 52-week high agoty vision down 43% after tanking on earnings yesterday

mike khouw will explain how to get in

mike khouw will tell you how to profit from one name that will keep going up as they keep falling down later -- >> there is no place

plus -- >> get in, loser we're going shopping >> and so is carter worth and mike kho mike khouw becausey sa there's one retail stock to buy that can weather the market

mike khouw is. he says there's one name about to level up he'll tell us what that is.

. >> if you've been waiting to get in on uber's ipo, mike khouw will tell you how to cash in on the trade. >> plus, calling all "options action"s fans. reach into your pocket, grab your phone and tweet us your question @"options action. if it's nice, we'll answer it on air when "options action" returns. ♪ ♪♪ ♪♪ ♪♪ listen to your mom, knuckleheads. hand em over. hand what over? video games, whatever you got. let's go. you can watch videos of people playing video games in the morning. is that everything? i can see who's online. i'm gonna sweep the sofa fort. well, look what i found. take control of your wifi with xfinity xfi. let's roll! now that's simple, easy, awesome. xfinity xfi gives you the speed, coverage and control you need. manage your wifi network from anywhere when you download the xfi app today. 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 down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your optio

we had mike khouw on "squawk box" this morning and at times he sounded like the secretary of war. in other words, what started as a dispute over trade practices has become a more existential conflict, and that makes it much more harder to de-escalate things harder to bake in. second, as much as wall street hates tariffs, trump loves them. he is adamant in his belief that the tariffs will pay for themselves he thinks that the 21% of the 25% tariff is being paid for by the chinese in the form of price cuts that they themselves have to put through to keep our business in a lot of cases, that's true that's why he is perfectly fine with leaving the tariffs in place, even imposing new ones. as he sees it, it's a great way to divert manufacturing business away from china while raising money for the government but the stock market absolutely hates tariffs because they weigh down global commerce they make everything slower, including gdp growth in practice, these tariffs are a sales tax on the consumer, which is not great but in the president's world view, it's china that's paying the tax,

we see that is better than something that -- and like i say, the commissions used -- they've come khouwission, thing that a stock salesman -- was the new issue. so, you have all this -- we like to buy things where nobody's making a dime selling them to us. >> charlie, specifically on some of these companies, and i won't talk about uber versus any of the others, but a lot of these companies are coming very late in the cycle they've had massive private capital that's been put to work to this point. and they still have massive losses and the need for more capital. >> it's even worse than that some of them have preference for each round and so the rounds aren't really fair rounds. there's a lot of lying in modern finance. >> so you're not in favor of any of these big -- >> i don't like lying. >> what do you think of these -- i ask this because we have a lot of retail investors who watch and who are looking at this and they feel the excitement behind it >> got any wonderful advice on buying, adios. >> whenever you buy a stock -- let's say you're buying general motors, 1.4 billion -- let's sa