when time warner acquired aol, do you know what they paid for that company? 164 billion and now they're being acquired for what, 100? talk about value destruction. killing money, unbelievable. >> brought to you by carter. moving on to tesla reporting earnings wednesday after the bell and the option market is implying more than a 5% move for the stock. the only question is which direction? mike is with our car to action. >> the implied move doesn't tell you how kpensive the optiexpens are. when do you want to do a trade like this? when you're barrish on a stock and number three, when you have identified a price target. let's take a look at the possibilities here. this is tesla trading right around 200 bucks when it closed today and you can see we're looking at a pattern. i'm going to leave this to carter to address, but this looks like a down trend to me and the other thing is we have a very big short interest which is going to create some measure of support if the stock does fall so i'm targeting a price around 170 right around december. the way you're going

when time warner acquired aol, you know what they paid for that company in january 2000?164 billion. and now they're being acquired for what? 100? talk about value destruction. killing money. unbelievable. >> brought to you by carter worth. >>> moving on to tesla. reporting earnings wednesday after the bell and the options market implying more than a 5% move for the stock. the only question is which direction. mike is over at the smart board with today's call to action. >> the implied move actually -- only implying 5% doesn't tell you how the options are. if you bought a december straddle, nearly $30. we're going to take a look at the bearish bet. when do you want to do a trade like this? number one bearish on a stock. number two when stocks are expensive and three, when you identify a specific price target. let's take a look at the possibilities here. this is tesla trading right around 200 bucks when it closed today. you can see, pretty much we're looking at a pattern. i'm going leave this to carter to address this in a second. i'm not the technician here. this looks lik

lived through the acquisition of turner broadcasting by time warner and the merger of aol and time warner. the difference is those earlier acquirersave a journalistic heritage, both of them did. at&t doesn't. it might make it easier because this is a vertical integration, not horizontal. not horizontal. there will not be as much fighting over common ground as there would have been if rupert murdoch would have succeeded in acquiring time warner. can you imagine, not only fox news and cnn trying to live together, but fx cable channel and tnt or tbs fighting over the pie? maybe it will be easier to get along because of that. emily: an analyst was on bloomberg television earlier today talking about the inefficiencies of big cable companies and why this could be a smart move. take a listen to what he had to say. rich: the internet disrupts inefficiency. you had to buy a huge package channel if you love "walking dead" but you are paying for the the entire year for that whole network for one show. the internet disrupts inefficiency, like it happened in music and publishing. we are seeing that unwind, and jeff was smart enough at time war

through the acquisition of turner broadcasting buy time warner and the merger of aol and time warner in the difference here of course is the earlier acquirer'sad a journalistic heritage, both of them did. at&t does not. in a strange way, that may help and make it easier because this is a vertical integration and not horizontal there will not be as much fighting over common ground as there would have been say if rupert would have succeeded in acquiring time warner. could you imagine? not only fox news and cnn trying to live together, but fx cable channel and tnt or tbs fighting over the pie. maybe it will be easier to get along because of that. emily: rich greenfield was on bloomberg television earlier today talking about the inefficiencies of it table companies and why this could be a smart move. take a listen to what he had to say. rich: the internet disrupts inefficiency. you had to buy an entire package of channels and you do not want most of them and most of the channels like amc, you may love the walking dead, but you are paying for the entire year for one show. the internet disrupts that and i think that is the early stages of what is