sentimental side of mike coe when "options action" returns. michael coe. coe. >>> on "options action" we're not just about puts and calms but action. we're presenting you with a once in a lifetime offer. take a look. ♪ you're the meaning in my life ♪ >> imagine -- having all of mike khouw's greatest strategies in one collection. >> the nice thing is if you use options sometimes you can get a little leverage and that's what we're doing here. when the market is up and premiums come in, a great time to bip puts to head your portfolio. >> timeless wisdom by the man some call "the yoda of options". >> this put spread has fairly nice numbers to it. buying it for a little over a quarter between the distance of the strikes. >> a once in a lifetime collection, "options action" presents, khouw's classics. 16 mind-bogglingly complex strategies that will have you risking less and making more. such hits as "the covered call." >> to do a covered call. that is, if you own the stocks, look to sell a call against it. >> and even the 1x2 put spread. >> buy one of the 60s, s

it's amazing. >> thank you, mike coe. i want to tease "options action." our live show 5:30 p.m.riday. something positive brewing for me to stick around? >> you would think in this environment, this should be hesre fire eye really flourislor and it hasn't been able to do so. i'm not saying that it cannot bounce a couple days in a row. but for the mere fact that this stock cannot spike higher in light of all the world's events right now makes me a little weary. >> this is for guy. why isn't priceline getting any love? >> goldman sachs took it off the conviction buy list in the middle of december. a couple other analysts since then initiate neutral downgrade the stock. i think you've got to wait for these guys to report on february 19th before you get any clarity. a thousand dollars has been support. but i think you're in no man's land right here. >> tim. >> yes. >> ambassador. >> hi. >> is the rsx, the russia etf, is it a buy here? >> if you think oil is bottoming, russia's going to bounce. if you think it's going to rally back to 65, it's going to bounce probably. could go to 18,

. >> coming up next, a man and his options, we're looking at the sentimental side of mike coe when "options action" returns. ♪ careless ♪ careless whispers of a good friends ♪ >> we're all about love and passion and that's why we're presenting you with this once in a lifetime offer. take a look. ♪ you're the meaning of my life ♪ >> imagine having all of mike's greatest strategies in one collection. >> the nice thing is if you use options, you can get a little bit of leverage and that's what we're going to do here. when the markets come up, it is a great time to buy puts. >> timeless wisdom by the man some call the yoda of options. >> this put spread has fairly nice numbers to it, you're buying it for a little over a quarter, this is behind the strikes. >> a once in a lifetime collection, options action presents khouw's classics, six strategies that will have you risking less and making more. such hits as, the the covered call -- >> that is toe do a covered call, if you hold the stock look to sell a call against it. >> and even the one by two put spread. >> you're going to buy one of the 60s

mike coe is in austin, texas, with the action. >> it was interesting today, we saw more than six timesolume at nxp. that was entirely the result of a substantial put butterfly that traded specifically the february 77.5 put fly. basically, what they were doing was buying the 70s, 77.5s and trading the 70s. what you're looking for is the stock to migrate to that middle strike. there were a lot of puts trading ever since the stock had its strong rally off of those october lows starting in december and through january, and this could have been one institution looking to adjust that position a little bit. right now the options market is looking for a move of about 7% and that's surprising for a stock trading at a low multiple. >> pete najarian, is this is new qualcomm? i say new qualcomm in the sense that -- >> in a positive way? >> qualcomm was being touted as the one with the most exposure and nxps and self-driving cars. it's in the credit cards, the security of that. >> it certainly has replaced them, absolutely right now. and i think to mike's point, i'd actually be surprised that this