around the corner should you take your money and run, let's get in the money and take it over to mike coefrancisco. hi, mike >> hi there. yeah, so you know, financials in an interesting situation as you pointed out. it's a great performing sector this year. one of the reasons for that clearly was when they hit those lowes in december, a lot of the big names in the group were trading at very cheap multiples, oftentimes with the big banks people like to look at their price that tangible book we have gotten a situation where the stocks have actually moved quite sharply. they're getting i think maybe towards the upper end of their valuation range we've seen over the last couple of years what's interesting, too, to me is in the same time frame, we've seen implied volatility, the price of options drop considerably and we're going into now a period when most of the largest constituent of the xlf are going to be reporting pretty soon. we're talking about number one berkshire hathaway and the big banks, citi, wells fargo and so on the xlf, three month options have an implied volatility of 15%. tha

and mike coe thinks there is more room to run he'll explain what's about to stark a major rally.nd how you can cash in. and -- ♪ there it is >> that's right, "options action" fans, the dream team is back mike coe and guy adami will tell you the one tech stock they think is about to break out. it's time to risk less and make more >> let's get right to it netflix is on deck for earnings next week. it is up 40% this year, most of those gains came in january. the stock is still 10% from its all time high and the options market has been flying a 6% move in either direction. dan thinks new highs are in play. >> not right now this is one that it is not a trade stock. it is not one that has, you know, adverse effects of strong dollar that sort of thing but it is a stock that has a lot of unusually positive sentiment, we know there is a lot of investors that have valuation concerns with this and one thing that got me thinking about this name into earnings next week, they started off putting out a tweet talking about how many people in the first four days of "stranger things" season three

. >> so are we but if you missed out on the run, mike coe has a way to buy it for less.ll go above and beyond on the trade. it's time to risk less and make more the action begins now. >> and we're going to kick things off with a big kahuna, apple gearing up to report next week the stock has soared 20% from its june low, and the options market expects an even bigger move after tuesday's results traders pricing in a more than 4% jolt in either direction for those, keeping score at home, that is a $42 billion shift in market value the stock still down from the october high how should you trade it into the earnings dan, you put a bullish bet on the apple right when the stocked bottomed how are you trading it now >> late may, early june in the worldwide developers forum, we were in agreement since they reported the prior quarter just a month earlier, the stock had gone down nearly 20% in a straight line. one of the things you mentioned, this is one of the last of the megacap tech stocks. i have my apple, google and amazon this one is obviously squarely in the middle of the tr

and mike coe thinks there is more room to run he'll explain what's about to stark a major rally.an cash