>> i'm still long schlumber and -- so i think you stick with it. >> time for the final call catas carter first. >> there are always rallies market is not in good shape. weary main -- >> dennis. >> i'm going with the young gun mike khouw i like his exposure to microsoft. >> mike you're catching a lot of heat. >> uup short dollar. >> there it is that does it for us here on "options action. we'll be back next friday at 5:30 p.m. eastern. do not go anywhere "mad money with jim cramer" start right now. >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you some money my job is not just to entertain but educate and put days like today in context call me 1800-743-cnbc. tweet me @jimcramer. four

looks like it's going higher let's look at schlumber. now, how high is the correlation? it runs about 80%. those are perfectly mathematically similar lines correlations 80% or higher look at the returns over the past two years you can go at it many different ways, but it's an area of the market you want to be in relative to most others. >> thanks, carter. mike, what's the trade off that? >> we're long slummerge and halliburton. it's tough in this market to try to chase what look like winners. five and a half years ago, schlumberger had almost twice the enterprise value we are well below all-time highs. right now, given the reduced multiples we're seeing in the marketplace it in a reasonable place, and of course we've got to advance our oil production. that's good for the oil service companies. if you don't want to risk too much, one way to do that is look out to december. i was looking at the 42.5/50 call spread. that was going to cost about 2.5 bucks. the idea being you're going risk less than purchasing the shares outright in the event that stock along with everything