just becausese youre spending leless to make more, doesn'tt m you wi a always come out ahead.alm spread.. >> i wawant to buyhe july11 eight-t-put spad in palm. >> they are makin aa arish bet the stock will go lower and buying put a against t by selling that s strike pu you redudu the cost ofof the trade, d limitinggbetween theput that y bought and t one that you sold. in t case of das tradad he thouought pa was overhyped. >> i wldn't short t this stococ with y yr money. bought theuly 111th put spread, selecting 30 cents to to sesell the july 8 strike put. 80 centnt toto make a possibly 2.20, minus t the cost the trade. inin order tmake t 2.20, he needed the stock to fall to $8.. >> all the hope ofsurvival onn one product.t. >> if president obamama taut u anythingngis tha hope is a powerful s source. >> yes,we can! since d d me his move, palm stock llied from 28%,aking his trade, hopelessssthat is because as the stock risis, i solv. now, witith it out o of his han he must use h hehe. "optioion action" fans are leleo wonder, whatat will n do now? >> keepll the legions ofans wait

but t i thk k 's giving you an opportunity to buyuyomome ocks for leless!>> don't m miss secdd of amer. you nn find eh secondofof"mad money" and itunes andnd dodownad it for free. take his ckcks, pansndnd the lightning g rod d wi you on t gogo. get "mad money"y" on itutune to. for more info go to -- > thoswho missed yesterday's show, i talked aboutut an amazg ll. ron sana, cnbc contributoror hehe writethe "market movers' newsletter." which is my much-reaead, it is st-read because it dazzlzles. part of thestreet.com m where i' chairman.. i picked it up. i saidoh, my god. i cat believe this call. ron insanana is sellg all of the defensive stocks and movoving intoto, are yoready? home builders,s, banks a home buililrs' inrance. i ki of had fun with it lalast night and said, the e idea o selling the ststocks a getting intoto this too much for me. i li to diverse portfolio. ron n sana itoo great not to give him the last wordrd. ron insana, welcome to "mama money." >>ramer, thanks for havingng me in the ring. >> home builders? is thehere a per that says is the ho

>> is about times being leless baright now quite obviouslsly. they ire not about to o t a lo better when itit's 108egrees in las vega know they do gaming ououide of l will have, but if f you focuin on tha people don't go to vegas in the summer. but seeing a turnaround d in the susuer wou be strange. you'veot sands, wynn, mgm, that what we saw bringing investors in. lvs selling over 2 million sharesoday. an eraordinary amount of volume on the inststitutionaside all hiing on the third market t which ain is either dark poooo or people trying to o hide tir footststeps, whi i like to see. luily our computers track k that as well. and i uld say that as good as s those plays may bebe, some othe strong players in ththspace e wms, a c company tt basically suppes the casino gaming machines a awell avideo lolottery. video lottery y is goi to be huhu. it'soing to be bigger becaususe states, cicies, angovernmental agency that wants momoy righ w is looking at video lolottery as one of ththe ways thelp balalae budgs that are so streed right now. so wms, , if y

o marijuana groups argrgue that in t the cas of more potent pot users just their intake and smoke leless andhey say there is no evidence that mararijuana lds to harr drugs. as for the govovernment'war on majuana, they say it's expensivive and hahad little efct on the millions of f users. a drugar raging in our national parks andnd forests >> kept thinkingng if i rn my back i'm g gng to t a bullet in the back my head. brbrp my biggest p ps really in my y lower back. feels kind o of like kves. aleve woalday on my backckn. ly two aleve liquid gels can stop pain all y.y. at would take twice as manany advil or ibuprofofen. aleve allows me through my work folks from all across the country. howdy! of all shapes and sizes. saving time by comparing our progressive directories to those of other top companies. and saving money with our discounts and customized policies. ah! thanks for dropping in! maybe it's time you visited progressive.com. if you like saving money, you'll fit right in. thank you, thank you very much. you're welcome uh-huh! very much. savings everyone can enjoy -- now, that's prog

leless able to absorb calcium. recommended citracal. it's a difrent kind ofalalci. lcm citrate. wi vitin d... for unrpsed absorption, to noush your bones. coverage of the confnfmamati heheings for sototomoror. let't'sgo to norah o'donnell. s sator kbuchar came up hehere we w wee talking about ththe ea w his comments were interesting. sods like he could vote f f r.r. >> we'll see. he said he w wand d toave an open mind and talalke about the fact h he rtrtnly a didn't a agr with allff her opinions but he did say during the couoursofof r jujudialalareer she hadadn always b beecause-driven n th he had some hope for her, inhis words. and thenenhehe talked about the fa t tt as hard as he rkrked elect johnhn maiaithat in the end, barack obamama d won thata hehe h consider that and thihi was obama's nominee. ththout it was tetereing. a didiffenent tact an someofof the n senator republicacansrer tan. hehe clearly r remnd open to pporting her.r. >> chris,s, i i went back a lood atat t voteorlll ninene jujustes on thesusupre court and olyly twoo o of e current justices servingng got less t

i'm not done -- for leless tn a dollar a month,, u also get 24/7 roadsidessistance. yeah, vroovrvroom! soso like you ran a 500.0. mo like a 900 v-twinin. well, you're eused. the right insurance for yoyo ride. now, that's progressssive. c. has the fastest handnds boxixi has ever seen. so i've comeme to thising to see who's fasaster... onon intnet. i'll be usinththe 3g at&t laptopconnect card.d. he won't.. so i cane the web faster, email business plans faer. all on the go. and get the at&t ptptopconnect card for free. mr. evans?s? ts s janice from ononst.. you've b beeinin aront-end crash. dodo you need help? i'll contact emergrgen services and statay thth y. you okayay yeah. onstar. stananda f forne year on 14 chevyvyododel >>> welcomome ckcko "fast neney,live at the markets. let's s ta a aook at shares on x. araresigher in the post market, 3%3%igighe the company reporting 72 versus s c cen, esmamatehe revenues coming in n ghgh but the important thihing is the ceo says he d ds s se signs of a b btotom the economy.y. >> yeah, and that't's ododews -- the stock we'd try