>> xlu, tlt, any one you want to do. >> danny >> take your pick.ds, buy u, sell xle and buy put spreads. we have you covered on the bearish options. >> all right good stuff thank you very much. that does it for us on "options action." catch us back friday 5:30 p.m. don't go anywhere. "mad money" with jim cramer begins right now the following program is a paid commercial presentation for total gym fitness. [music] everybody work out. feel the energy. build a better body. the best you can be. another body easy as 123. oh. ahh. better body as easy as 123 with total gym. i feel fabulous and when y

my bias is rates to the downside, which of course means that one would want to buy something like a tlt was looking specifically at the april 121 calls. those were about $1.85 when i was looking earlier today. >> tlt up 2% or so this week what do you think of the technicals >> well, thinking that there's plenty more to go. the rate environment is poor and likely to get worse, therefore tlt is a good place to be. >> mike, what do you do with the trade now? >> yeah. i think we can stay with it. we've got until april expiration if one was so inclined, you could roll it out a little bit, but i think we're in a good position here. >> real quickly, the tlt got rejected on numerous occasions the price of options, it's about the cheapest vol you will find on the board if you think the 10-year treasury and this is the 20-year treasury etf the tlt is going up and i really like this trade. i would be looking out further dated, maybe may or june, to call spreads that are targeting 130 to the upside. >>> up next we'll do your tweets and make the final call. ions. i'm not really a wall street guy. wh

technicals i'm in the april 126 calls carter >> it was a bad day, it was all simultaneous for gold for tltit also is still within the bounds of a normal give-back after the very impressive 15% move off the low i would tolerate a little bit more, stay in the trade or roll out. >> i would actually roll your strike down. i like being long gold i'd just use a lower strike call. >> "final call." carter >> well -- facebook, get long. >> i like what elon's doing but i think tesla has some problems so use calendar put spreads. >> western digital, i like playing it with call spreads. >> does it for us. see you back here next time at 5:30 the following program is a paid commercial presentation for total gym fitness. [music] everybody work out. feel the energy. build a better body. the best you can be. another body easy as 123. oh. ahh. better body as easy as 123 with total gym. i feel fabulous and when you

>> it is another tlt the president doesn't pay attention facts. after 9/11 president bush went to mosques and went to see the muslims. hate crimes against muslims dropped. as he talks about a muslim ban we know hate crimes against muslims have gone up. are you listening? do you have any idea that your words truly matter? as he continues to act as though this is not a problem why is it that as a result of what happened in new zealand is fos mosques are under that in i know if i had a chance to talk to her and i expressed my deepest condolences with her. we shared the concerns we both have about this kind of white supremacist terrorism that is on the rise. several kreegs, do you agree? >> i think the kinds of language just add a fuel to the fire. and so for him to take absolutely no responsibility for the continuing divisive and kind of language that he uses is a testament to the fact that we have a president that doesn't care. he was going out of his way. there could be serious problems down the road. what did you think of that? >> i thought of tha

. >> tlts rr something you've called for in the past. >> as you know there's a coordinated effort betweenus. i'm on financial services and of course we have the ways and means committee and foreign affairs committee. we're meeting so we understand what each other are doing and that we're not necessarily bumping into each other and so we're coordinating our efforts and i think it's a very good thing that we're doing. >> just to be clear you favor nor dorse them moving to acquire the president's tax returns? >> absolutely. and that's in the ways and means. absolutely. this president has lied about his tax returns. he said thaw were being audited and because of that he could not share them. but he's never intended to share his tax returns because he knows year going to find out a lot about him the lies he's been telling. what i really want to know is whether or not he performed suvrgss that he got paid for he did not twubt pay taxes and told people to put the money in the foundation. i've eevr even got calls for people close to this information shareing it with me and it may be information i

ike looking at the tlt that got rejected six times last year >> you're punting, got it. >> that does it for us here on "fast. don'got anywhere, "ma >>> 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 save you money. my job isn't just to entertain but to educate and teach you and put this tough market in context. call me at 1-800-743-cnbc. or tweet me @jim cramer. we're having a subterranean home sick blues moment here because you do not need a weather man to know which way this market blows. just need to follow certain key stocks to give you a good read on the situation better than talking about the average, still after one more day, one more nasty day with the dow lost 200 points, s&p plunged 0.81% and then the nasdaq 1.13%, well you need the right tools to navigate through the troubled waters tools to help you recognize when

people don't understand you say levers if you want leverage in the market, check out gearing, check out tlt. that ratio hit levels we have not seen until december. >> all right that >>> 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 not let you lose a lot of money here my job is not just to entertain, you, but educate you, so dial 800-743-cnbc >> trade talks with china are erupting higher. they sold it dramatically and the dow is down 207 points and the nasdaq losing .23% although all these industries were down much, much more intraday, particularly the nasdaq and the reminder that stocks remain fragile and it's not capable of once, as is the case and therefore it's almost entirely machine driven. why do you think it's machines doing the selling? because the action today had nothing to do the right price or the best price the mac

people don't understand you say levers if you want leverage in the market, check out gearing, check out tltio hit levels we have not seen until december. >> all right that >>> 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 not let you lose a lot of money here my job is not just to entertain, you, but educate you, so dia

. >> i think what's interesting is right now when you look at flows into the tlt which is the long bond etf, they're in the 95th percentile every observation going back the last ten years so there's a lot of money betting lower yields. i might be careful pressing that bet right now, particularly with copper up, banks maybe acting a little better. even some of the european not taken this last leg lower with german yields. they're something to watch. >> for more options action, check out the full show friday at 5:30 eastern time. >>> coming up next, the results from our poll on chris' first fast pitch ever, and final trades 3w4r57 see that's funny, i thought you traded options. i'm not really a wall street guy. 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, we can walk 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

ike looking at the tlt that got rejected six times last year >> you're punting, got it. >> that does it for us here on "fast. don'got anywhere, "ma >>> 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 save you money. my job isn't just to entertain but to educate and teach you and put this tough market in context. call me at 1-800-743-cnbc. or tweet me @jim cramer. we're having a subterranean home sick blues moment here because you do not need a weather man to