. >>> then, out with the old, in with the nio, the electric carmaker is at a crossroads and we're ridingtgun >>> plus, about netflix, now we did include a warning, but yeah, we triaged the trade at the very heart of our catch phrase, risk less to make more. options action starts right now. >>> as we mentioned, next week will be only the fifth time that the five largest stocks in the s&p index report earnings in the single calendar week, apple, microsoft, amazon, google and facebook if you're trying to pick a horse in this race, you might be best off picking the turtle carter worth explains. carter >> sure, so it is a rare circumstance in the joint history of the top five stocks that are the largest right now four other times they've all reported the same week interestingly it's all been the same week. we have a table. the first table these are the four other times, the fifth being unknown where apple, microsoft, google, amazon, facebook, all report in the same week and you see there in 2015 it was in january reporting q4, the peak trough declines in that table are pretty substantial look

then, out with the old, in with the nio. the electric carmaker's at a cross roads and we're riding shotgun. >>> plus, about netflix. now, we did include a warning. but, yeah, we triaged the trade at the very heart of our catchphrase. risk less to make more "options action" starts right now. >> as we mentioned, next week will be only the fifth time that the five largest stocks in the s&p 500 index report earnings in a single calendar week, microsoft, amazon, google, and facebook if you're trying to pick a horse in this race, you might be best off picking the turtle carter werth explains. carter >> sure. so it is a rare circumstance in the joint history of the top five stocks that are the largest right now, four other times they've all reported in the same week and interestingly, it's not been a particularly good week we have some tables. let's look at two and get to the charts of one of those, microsoft. so the first table these are the four other times, the fifth being unknown, where apple, microsoft, google, amazon, faceboo

diagonal i am buying the august $40 call options for $6.50 giving me a longer term bullish view on nio but going to sell may 7.40 against for 1.15 net net i'm paying $5.35 for this call diagonal less than the width of the diagonal so if nio blows it out through earnings and see substantial move to the upside this strategy will not under perform or turn unprofitable >> mike, what are your thoughts? >> taking a look at the longer dated options he's buying this is a reason you want to use something like call spreads, vertical or diagonal spreads or calendar spreads in names like nio where options spread could be quite high. the call more than 15 persz on the stock price i will say three month option is two year low in terms of implied volatility so he is picking up the call as cheaply -- as expensive as it is -- as cheap as one could have over the course of the last two years i think using higher price shorter dated options to finance the longer dated, or slightly in the money call makes a lot of sense. these stocks can move a lot on ans -- earnings one reason the implied move is more mut

nio jumping 2.25%, xfpeng up as well.motors and workhorse, you've got lordstown up 2.5%, workhorse jumping 2.33% while tesla not in the news today, but ceo elon miss manying is. he has been -- musk is. he has been invited to join the board of endeavor group, of course, the parent company of ufc and miss universe. it's a huge hollywood agency. endeavor has revised its plans for ipo after putting those plans on hold back in 2019. maybe second time will be a charm. the big leader of endeavor on the right. funco, the maker of bobbleheads, is getting into the nonfungible token business. the company acquired a majority ownership stake this token wave, the developer of tokenhead. are you following me here? a mobile app and web site used to showcase and track nft holdings. dunko expected to launch initial offering in june, but the stock is up 7.6%. off the day's highs already. and even though airport traffic has been on the rise, express spa groups sinking after falling short of its fourth quarter revenue estimates. the company r

you're watching movers, starting with nio and expung.roduction numbers this year compared to last year. you have the global chip shortage which might slow things down as we head into the springtime. look at the moves in the stock prices. speaking of chips, we have a possible 30 billion-dollar deal with micron and western digital teaming up to by a japanese/memory chipmaker. those chips go into smartphones and other devices. the journal says a deal could be finalized as early as this spring. in just a matter of months. square signed up pop star miley cyrus to promote the one million dollar stock giveaway. that coincides with the 15th anniversary of "hanna montana." i never watched that on disney but other people did. jack dorsey is smart harnessing power of social media and young performers to drive users and adoption especially among millenials and gen-z where money will be at the next few years. ashley: yep. know your audience. that is what that is about. susan, announcing when it brings workers back to the office. give me a date. susan

robin brant caught up with the boss of electric car—maker nio and asked him how us—china tensions aree country. we hope to solve it with —— with our customers around the world. it is very hard to achieve mutual understanding. we need better trust in each other. translation: i think tesla benefits most stop the regulations don't specifically apply— regulations don't specifically apply to one one company or there — apply to one one company or there is— apply to one one company or there is huge investment in this— there is huge investment in this list— there is huge investment in this list of those not just one company but the entire society has to— company but the entire society has to work towards this, and notjust— has to work towards this, and notjust china. every has to work towards this, and not just china. every country in this— not just china. every country in this world should do this. | in this world should do this. think the in this world should do this. i think the biggest challenges most people are still concerned about infrastructure which is why we have invested in the pow

next stop the et 7 by new york listed nio >> when i driver it, it will feel like no >> looks like a model three. some didn't merit a visit. he doesn't like the company name but he did find car he does like by newcomer. tesla has problems with panel gabs it's gotten better but not like there. to judge car you really need to know how it drives after a day kicking the tires. >> i still choose tesla for now. >> you still choose tesla? >> yes >> how about you >> buy a tesla >> reporter: they said the biggest draw for the tesla is compared to the chinese models was mainly the functionality of the car. they said at the end of the day it just works a little bit better it's much more seamless. that's one of the reasons because of the data collection that tesla does, it's been able to get that experience and really stay ahead. >> it's one thing to like your car, it's another to sleep in it that's some serious fandom does tesla have cachet there because it's american? does that hurt the brand or is it a nonissue because it comes down to panels he was talking about? >> at the end of the day, the cons

if it does, we would look back at history with the higher capital gains rate >> lee baker loving nioe. >> thank you >> that does it. a lot going on thank you, lee opec today fed today and tomorrow president tomorrow night hundreds of earnings see you tomorrow on "worldwide exchange." we'll start prepping now for tomorrow "squawk box" is next futures are up a touch take care. (vo) conventional thinking doesn't disrupt the status quo. which is why t-mobile for business uses unconventional thinking to help your business realize new possibilities. only one 5g partner offers unmatched network, support, and value-without any trade offs. so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. >>> good morning tesla

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the chinese effectively pick a winner and loser in this space if they, let's just say start to favor nio for example, is that something to be concerned about? >> i think long-term we should just assume that china's going to be led by chinese makers, and to answer your question is how important is china china is important it's really important for the story over the next few years. it's less important over the five-year if you have the advantage of owning something for the next five years. just a quick recap of why it's important over the next few years. it's about 35% of total global eds are sold in china, and so it's a big opportunity eventually it just is going to get difficult. all my years of covering u.s. companies who are trying to do business in china, eventually it gets difficult, and so i would just look at this as kind of a few year tailwind to ultimately a global opportunity for tesla >> gene, thanks so much. we'll check back in with you when tesla's call gets underway. that happens in about 20 minutes now. >>> shares of lyft on the move in the after hours session the company

, up 6% nearly three million shares of volume nio basically said it delivered 7,257 vehicles in marchky, that stock has already lost over 40% of its value from its peak earlier this year because of some of the concerns partly about production and deliveries as well. so a few green ones out there for the day. >> dom, when you cut your rating but raise your price target, that's kind of an admission that we missed the run to this point? >> right >> it's a mia call.a little bit. but still a buy rated stock so we'll see what happens there. >> by the way, folks, make sure you join us tomorrow, the big jobs report that is happening on "squawk box. we will be here. we hope you are, too right now, time for "squawk on the street." >>> good thursday morning, welcome to "squawk on the street." i'm carl quintanilla, with jim cramer david faber has the morning off. first day of april, and q2, as markets process news on infrastructure, tax policy, some mixed news on vaccines, jobless claims, run a bit hot, ahead of jobs friday tomorrow, when stocks are closed. our road map begins with the new month.

. >>> then, out with the old, in with the nio, the electric carmaker is at a crossroads and we're ridingbut yeah,

in the meantime, nio announced deliveries of more than 7200 vehicles in march bringing the total forhat company for the quarter to just over 20,000. that also exceeded the guidance lowered because of the global chip shortage. nio shores are a little weaker this morning you saw xxpeng were a little higher >> the market is starting to cool off after a surge in january and february the index and the 50 biggest spacs turned negative. we're going to deal into the trend maker eric gleacher. check out the price of bitcoin approaching $60,000. "squawk box" returns right after this ♪ i wish that i knew what i know now ♪ ♪ when i was younger ♪ you need a financial plan that fits the way you want to live in retirement. a plan that can help grow and protect your money. now or in the future. with an annuity in your plan to help cover essential expenses, you can live the retirement you want. the right financial professional can show you how. this is what an annuity can do. ♪ ♪ we see temperature control software giving everyone a shot at vital vaccines. at emerson, our software is shepherding medi