according to mike coe, the energy rally could be losing steam.t the way the hot trade has popped out he has the action. mike >> sure. obviously anybody who's been paying attention to the tail end of last year and the first part of this year, you've seen a great deal of volatility in the energy space one of the reasons, of course, was crude falling down to about $41. it's obviously -- when crude starts to move a lot, the entire sector's going to move a lot one of the things we like to do when volatility gets higher is sell it. we're going to look at selling a call spread here we're trying to sell the higher implied volatility that we've been seeing recently the other thing i would point out is that we've already seen some very sharp moves. we've seen a steep decline in energy, a steep decline in oil prices then a fairly sharp ricochet off the bottom if you were going to make -- go back in time, you wanted to bet on big moves, you want to buy premium. once a lot of those moves start to take place, we're actually going to try to collect some premium

. >> casino stocks are on fire but mike coe says one name in the bunch is about to crap out he'll give us the trade. >>> and -- >> look, up in the sky, it's a bird - >> it's a plane -- >> nope, it's just the transports dan nathan says there's one name that could see an even bigger rally as trade tensions ease he's got the trade it's time to risk less and make more the action begins now. ♪ >> we start tonight with the transports up nearly 3% today and adding to a super rally off the december lows. the iyt transportation etf up 16% since the christmas eve market bottom. and as stocks rise off hopes of a china trade deal, dan here says one name in the group could go even hire let's get in -- even higher. let's get in the money >> yeah, it's constructive to be on names that got beaten up last year because of trade worries specifically i want to talk about u.p.s. here obviously it's one of the biggest components in the iyt and also in the transport sector in general it had a 33% peak decline from the january, 2018, highs it made it's in line with the market off of its december lows here. in

. >> casino stocks are on fire but mike coe says one name in the bunch is about to crap out he'll gives the trade. >>> and -- >> look, up in the sky, it's a bird

. >> and selling high is exactly what mike coe is doing with energy stocks. tell you why he thinks the ride might be over and why you should trade it if you do too. plus -- >> you shouldn't like things because people tell you you're supposed to. >> and dan nathan says that's exactly how you should feel about netflix stock. he'll break down how he's playing the name after the

here's what's coming up next >>> investors are hitting the jackpot with casino stocks but mike coe says one is about to bite the dust he'll give us the trade. >>> plus, calling all options action fans. we're celebrating more than ten years on the air and more than 50,000 twitter followers all hands on deck and reach into your pocket, grab your phone and tweet us your question at options action if it's nice, we'll answer it on air when "options action" air when "options action" returns. 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, 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 (indistthat was awful.tering) why are you so good at this? had a coach in high school. real

. >> and selling high is exactly what mike coe is enjoying with energy stocks.ide might be over and how you should trade it if you do, too >>> plus - >> you shouldn't like things because people tell you you're supposed to. >> dan nathan says that's exactly how you should feel about netflix stock. he'll break down how he's playing the name after the stock's epic r

. >> and selling high is exactly what mike coe is doing with energy stocks. he'll tell you why he thinks the ride might be over and why you should trade it if you do too. plus -- >> you shouldn't like things because people tell you you're supposed to. >> and dan nathan says that's exactly how you should feel about netflix stock. he'll break down how he's playing the name after the stock's epic run and -- ♪ welcome to the jungle ♪ it gets worse here every day >> earnings season is almost here don't worry, the guys are here to help you bushwhack your way through the thick of it. the chart master will explain what he sees that has him pushing the sell button. it's time to risk less and make more the action begins now. >>> we start right there in the thick of the jungle of earnings season the big banks will be kicking off all the action with big moves expected from the likes of jpmorgan, goldman sachs, wells fargo and citi down just about 20% from its highs. the chart master says there could be more pain ahead carter is over to break it down. >> correlations run

mike coe has the action in san francisco. ke, tell us about this trade. >> yeah, so this was quite a substantial trade yesterday. we saw a sale of 19,000 december 2020 2100 strike puts for about $93. so someone is selling insurance on the s&p against a dliecline from its current level below that 2100 strike price which would represent a decline of approximately 20%. now, bear in mind we have seen declines of 20%, but think about how far out in time this trade goes it's about two years so if you take a look back to the 1920s, there have really been only four periods where selling puts of that length of time representing a decline of that amount have really been a dangerous thing to do. one of those was the great depression, up to and into the great depression we saw significant declines in the s&p. the second was the bear market of the 1970s in the late '60s or 1970s had you sold these puts that would have been a problem. the final two times were much more recent. the dotcom rec, the tech wreck of the late '90s, 2000, that woul

make-or-break time for wall street, as some of the biggest tech stocks in the market report dan nathan and mike coe to trade it. >>> and if that's not enough for you -- >> i'm in a glass case of emotion. >> investors are awaiting a key fed meeting on wednesday, and the chart master says there's something happening in the bond market that could spell trouble for stocks he'll break it down. it's time to risk less and make more the action begins now. >> and, yes, it does the action begins. welcome, everybody melissa is off tonight, i am brian sullivan thanks for being with us we are going to begin with tech earnings because the millenials might say they get lit next week apple, facebook, microsoft and amazon all set to release their numbers. apple, microsoft and amazon, those three could see a 5% jolt in either direction. facebook even more dramatic, 7% implied move back. altogether that represents a nearly $150 billion shift in market cap next week how should you trade, how should you play, how should you invest? let's get right now to carter worth at the plasma. you're going to begin by looking at a