mike khouw is in austin to break down the options action. >> hi there. we saw an above average put

. >>> shares of e-commerce giant alibaba are up this year let's get to mike khouw in austin with moreike >> reporter: hi there. i traded over 300 today. traded at over double its average. one of the notable trades we saw was a buyer of the november 200 calls bought 4,000 of those then sold 4,000 each of the 15 calls in the 20s basically this is somebody who is betting this stock is going to make a move about 15% to the upside within the next two weeks >> thanks for that, mike, mike khouw in austin. check out "options action," friday 5:30 p.m. eastern time. grasso >> the stock is up 112% year to date i'm still long it. this is a stock that's beaten on revenue for the last two years they're making a heavy push in cloud and artificial intelligence they're investing. it's still at a great multiple the average price target on the street is $210 i'm still long it. i think the path of least resistance is still higher >>> up next, tesla sinking after hours. the conference call under way. elon musk getting a little heated we'll bring you the comments after the break. i think it's terrific. you

billion of enterprise competition enters the picture, it will be tough to evkeep it up >> thanks, mike khouw action" will be off this friday, we know you're sad, but we'll be back for more "options action" next week >> up next, final trades stay tuned well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade. today, the new new york is sparking innovation. you see it in the southern tier with companies that are developing powerful batteries that make everything from cell phones to rail cars more efficient. which helps improve every aspect

let's get to mike khouw in austin with the options action hey, mike. >> jcpenney is implying a move ofacy's implying a move of 9% co kohl's stores and nordstrom implying a move of 8%. kohl's store saw double the average call volume. they were buying the 41 1/2 calls that expired this week, selling the 45 against it, one by two what that is is a bet the stock is going to trade up actually out of earnings up to that $45 level by the end of the week, contrary bet there >> thanks for that, mike khouw in austin for us for more "options action," check out the full show, friday 5:30 p.m. eastern time. >>> coming up, royal caribbean cruising to all-time highs after its earnings report this morning. after you hear what the ceo just told jim cramer, you might be buying the stock too cramer will join us live in a few minutes. >>> the political shake-up in saudi arabia sending oil prices up this week helima croft will tell us how high she sees it going well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many op

mike khouw is here at the plasma to break it down >> we saw well over three times the average quit volume. by the close it traded four times the daily put volume what is interesting though was one of the trades that i saw that suggested perhaps that this might be almost over what we were seeing was a big sale this is a pretty big institutional product, actually, of the 86 puts in january and the 87 calls i should probably be using a line like that so basically they're expecting it to be range bed, closed just below 87, but they collected $1.85. that essentially means they're expecting it to be within this range, just about the yearly high and just about last november's low is the range they're looking for. this is basically a bet that most of the damage is probably done >> all right, thank you, mike, mike khouw check out the full show of "options action" tomorrow, 5:30 p.m. eastern time. >> special guest >> you >>> up next, are you buying or selling steve grasso's pitch on avis 'lrealheestsftwel ve t rul aer the break. well, it's earnings season once again. >>yeah. lot of tech companies a

mike khouw is in austin to break down the options action. >> hi there.an above average put volume in fxi today largely as the result of a put spread that was purchased, a 47-43 put spread was purchased for $1.50, over 12,000 were purchased by the close. the buyer of that put spread is making a bet it will be below that $47 strike by at least the $1.50 they paid and maybe as low as that 43 strike. that's basically a downside move they'll be anticipating of 4 to 9% within the next 80 days >> all right, thanks for that, mike khouw in austin, texas for us for more "options action," check out the full show, friday 5:30 p.m. eastern time. >>> coming up, buffalo wild wings surging today after arby's said it would acquire the stock for $2 billion who will be the next fast food combo? >>> plus another day, another record for bitcoin, the crypto currency now flirting with $10,000. we'll tell you how much higher some see it going. me asmoy"ft aer this i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ev

. >> all right still ahead, our very own mike khouw tripled his money in baba this week and he's got way to make even more cash. he's going to explain. >>> plus don't call it a comeback but starbucks shares closing the day higher by more than 2%, good news for draan's bullish trade the coffee giant, when "options action" returns. i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution. good to know. >>thanks, mike. we got your back kate. >>does he do that all the time? oh yeah, sometimes he pops out of the couch. help from real traders. only with td ameritrade. well, it'sonce again.eason >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have

. >>> still ahead, our own mike khouw tripled his money and he's got a way to make more cash. >>> don't call it a comeback but starbucks closing higher over 2%, good news for dan's bullish trade on the coffee giant. i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution. good to know. >>thanks, mike. we got your back kate. >>does he do that all the time? oh yeah, sometimes he pops out of the couch. help from real traders. only with td ameritrade. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] mmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, whi

stock surging 100% this year one trader is making a big bet that there's even more room to grow mike khouw the plasma >> hi, scott we saw some activity down here close to 180 they're using options to make a play what they did was buy the january 180-180 call spread for $3.75, risking about 2% of the stock price to make a play that is going to go back and retest those highs byjanuary expiration >> a big run for that stock, mike, thanks final trades next. i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution. good to know. >>thanks, mike. we got your back kate. >>does he do that all the time? oh yeah, sometimes he pops out of the couch. help from real traders. only with td ameritrade. your bbut as you get older,ing. it naturally begins to change, causing a lack of sharpness, o

but professor khouw has a way to play these names mike >> we'll look at using a call spread why?e're taking a look at committing new capital to a stock that is trading at its highs. secondly we have potential for a great deal of volatility, and we've seen a lot of volatility in bitcoin and other stocks as well we use a spread because the options premiums are similarly high a quick look at square, how much this stock has moved of late what goes up could potentially come down. we want to obviously avoid the risk that that happens to us so what i was looking at, going out to january, you could buy the 45, 50 call spread, spend $3 for the 45, sell the 50s against it for $1.30, a net debit. it seems like it's an on a one-way ticket to the moon right here this is a way to commit a little bit of money to the trade in case were you evyou think the rn to continue. >> i like the trade if you're inclined to buy the stock. this is a stock that's up 200% on the year and who knows what the next 10% will be getting the entry is difficult if any of you guys are really interested in this story, t

all-time or multi-year highs this week as they brave the crypto-currency but professor khouw has a way to play these names mike> we'll look at using a call spread why? we're taking a look at committing new capital to a stock that is trading at its highs. secondly we have potential for a great deal of volatility, and we've seen a lot of volatility in bitcoin and other stocks as well we use a spread because the options premiums are similarly high a quick look at square, how much this stock has moved of late what goes up could potentially come down. we want to obviously avoid the risk that that happens to us so what i was looking at, going out to january, you could buy the 45, 50 call spread, spend $3 for the 45, sell the 50s against it for $1.30, a net debit. it seems like it's an on a one-way ticket to the moon right here this is a way to commit a little bit of money to the trade in case you think the ride is going to continue. >> what do you think of this trade, dan >> i like the trade if you're inclined to buy the stock. this is a stock that's up 200% on the year and who knows what the next 10% is going to be