first, tony zhang is going to show you how to trade twitter, itself >>> finally, moderna, being called tesla of drug makers. that's a lot to unpack but mike go is going to take a stab at it "options action" right now. >> coke out with quarterly results next week, consumer sibling pepsi could be poised to pop. carter explains. just a little more onto the go drink? >> that's right. thank you, deidre, i think the setup is quite good if a sense we're looking for a macro-catalyst or a backdrop that's positive. we have that it's a very defensive tilt to the market right now defense areas of the market, you fits and staples acting well two, we have an event, earnings. three, just as you said, pepsi just popped on its earnings. let's look at coke the first of four charts the first is a two-panel chart you are looking at coke, three weekly bars. the bottom panel is what i want to focus on. the relative performance of coke to its peer group to clorox, colgate, pepsi that relative strength line is starting to curl up. that's impressive, developmental. we think it's important. now the next chart j

but first, tony zhang is going to show you how to trade twitter itself >>> finally -- moderna being called

but first, tony zhang is going to show you how to trade twitter itself >>> finally -- moderna being called the tesla of drug makers. that's a lot to unpack, but mike khouw is going to take a shot at it it's time to risk less and make more "options action" starts right now. >> coke out with quarterly results next week. like the consumer sibling pepsi it could be poised to pop. carter worth, explain. we were talking about in the opening trade. just a little more on the go drinks >> that's right. well, thank you, deirdre i think the set-up is quite good in the sense that we're looking for a macro catalyst or back drop that's positive and we have that there's a very defensive tilt to the market right now interest rates are down and defensive areas of the market like utilities and staples acting well. two, we have an event, earnings and three, just as you said, pepsi popped on the earnings let's look at coke the first is a two-panel chart look at coke three-year chart, weekly bars and the bottom panel is what i want to focus on the relative performance to clorox, colgate and pepsi, that is star

a little sick heading into earnings how you can protect yourself from catching a cold and later tony zhangs it's not hip to be square where he is betting on a breakdown for the payment stock when they report results next week it's time to risk less and make more "options action" starts right now. >>> let's get right to it. monday kicks off the second-biggest week of earnings with names like general motors, uber, marriott, eli lilly all set to report. the chart masters eyeing one name in the health care space in need of medicine in the health care space carter, kick it off. >> well, that's right. i mean a big week and a big weak for healthcare, moderna, and amgen, amgen the old time technical definition doesn't act well let's look at a few tables and charts the first table, one week performance. we know healthcare you see here beats the market on the week and amgen, a big healthcare name well below both the market and the sector look at the next table one month performance. again, leading the way is the healthcare sector, above the s&p. there is amgen bringing up the rear next table, three

then, from windows to floors tony zhang is looking to play an tonight in a name we don't cover very often in a very specific subsector of housing. >> finally, we know you'll probably be on vacation next week, so our professor is getting you set right now to you weeks ahead of the barrage because the early bird gets the income "options action" starts right now. >> let's get right to it the vix just hit new lows and the nasdaq is behaving in a way that happened a handful of times in history carter explains why that is important right now. carter >> you bet unusual circumstances which is to say you can grow up two weeks in a row or three but now we have a circumstance where the qqq and the nasdaq 100 index, the index on which qqq derives is up seven weeks in a row when you look at what happens thereafter and that is not just statistics but data mining the facts are the facts and we'll look at them together. the nasdaq 100, this is weekly bars and what we have now is an ascent of seven consecutive weeks. if you look at the next slide or table, you'll see just what exactly this is in the conte

tony zhang joins us to break down the action. trading day for oracle options were very active 242,000 contracts traded, which is more than eight times the average daily volume we've seen. one trade really stood out across what is a very bullish day of the cloud stocks. 12,200 contracts of the september 82.5 puts were purchased for $2.48 near the open now this particular trade, the trader laid out about $3 million in premium to purchase puts pettingp betting that the stock would decline by 7%. when i look at the trade i don't believe this is an outright bearish trade. this could be more of a protection trade against a trader who actually owns at least about $90 million worth of oracle stock trying to basically protect this stock position as it hits all-time highs against decline going into the earnings event which is on september 9th paying about 2.8% of the stock's value to buy a little protection going into earnings. >> thanks a lot, tony. >> as you know, you knew i was going to say this -- >> the o in the hope trade. >> the o i

. >> thank you, tony zhang tim seymour, you fast-pitched this one, so you've been on this trade for at b - get back in. i don't think the trends have changed for the company, it's seeing the dynamics and some of the supply chain issues that were holding up some fantastic demand i think demand is still there. valuation 9.2 times trailing very attractive, i think again, we've seen a lot of pain in the industrials this one has pulled back 20% or so let's get through these earnings and i think let's rebuild a position >> karen, what do you think? >> well, i'm long. i would buy more if they reported earnings that were disappointing. it's not like the bar is set so high when you have a pd multiple at high single digits. so i think they have the rest of the world as a sort of -- to come to improve their earnings over the next year or two. they seemed very, very confident last time, and why would you do that if you really didn't have a great sense beyond looking at just the one quarter in front of you. so i'm long going in i will add if they miss, assuming they don't miss in a way that is way

the options market using today's pull back to make a million dollar bet on one big energy stock tony zhang bet, tony. >> that's exactly right. this bet was on marathon petroleum mpc. mpc is not just having a bad day it's having a bad month down 15% since the highs on june 10th but today options traded actively, 57,000 contracts were traded which is more than three times the average daily volume that we see and one particular bullish trade did stand out from the see of red we're starting to see across the energy stocks one particular trader bought 13,500 contracts of the october $65 calls for exactly $1 which is about 1.8% of the stock's value. this particular trader is betting that marathon oil -- marathon petroleum will be above $66 by the october expiration which is above the 52-week high laying ouz $1.3 million to bet that this stock will be more than 19% higher by the october expiration date. >> and i want to make sure people know that is mpc not pro, a big bet there. tony, thanks for more "options action" tune into the full show that is of course, every friday we have to tell you agai