i'm melissa lee in times square along with cart er worth, mike khouw and tony zhang the s&p and the nasdaq both close out a third week in a row of losses across all listed options in the u.s and mike you noted this has only occurred six times in the past two years. what do you think this means >> yeah, i mean, i think we need to take a look at that and i think we need to take a look at other things in the options market too first thing i would say is that obviously there is a tremendous amount of concern right now. a lot of the unusual put volume we saw was not retail traders going out and buying puts on the stocks they hold, we saw, you know, well above average activity in things like the spx index, largely an institutional product. we saw well over 1.5 million puts trade in that one today normally about a million and that is a big instrument we're talking about $430,000 per contract when we think about spx. the other thing i was looking at, though, and really when we see a day like today, our biggest question is what are we looking forward to or not looking forward to i think is probably

the tech sector and did know the term biotech was first termed in 1916, been a long time but tony zhang thinks it's time for a long-time play in the sector. and finally, this week's tapping of the pet rowum reserve has theories flying, but the oil complex is just that complex. before you slide on that slick, we'll navigate the nuances time to risk less to make more "options action" starts right now. >> let's get right to it nasdaq started the second quarter on more positive note then ending the first one. but one trading session does not a quarter make, carter worth lays out his trade for big tech what do you see. >> what's fascinating this is where the innovation is, it zom nates the s&p and has been the winner on the way up and loser on the way down. let's look at the first chart, just the standard two-year default, if you will with the automated trend line. smoothing neck annism, 150-day move something average in principle when your trend line is rising you're in an uptrend. if not, you're not straight forward what do we know, dropping 22% from the high november 22nd peeking before t

the tech sector and did know the term biotech was first termed in 1916, been a long time but tony zhang a long-time play in the sector.

after another april sell-off, i'm melissa lee joined by carter worth, mike khouw and tony z zhang. the s&p 500 posted its worst month since the onset of the pandemic this week's volatility was led by the tech sector's earnings report we have another big week of results on tap lots of consumer related names, healthcare stocks facing the same macro head winds that impacted the markets this week so carter, what are you seeing at this point? >> right, well, the pressure is on, right? and very few things are immune but i thought we would look at today is a stock we have not done in quite some time and also a big stock, we're going to look at cvs to kick off it is the crossroads of offense and defense. we know it is a store, drugstores and other goods they sell all over the country. yet it is defensive because it is in the healthcare sector. the truth is it is underperforming its sector, other areas of the market and looks like it has downside risk going into earnings. the first chart on the screen, this is a relative chart, just simply dividing the stock by an aggregate, in this case, t

weather still to come for the rest of the forecast over to irena zhang. thank you for that.e on your bridges this morning. a

i'm melissa lee in times square along with cart er worth, mike khouw and tony zhang the s&p and the nasdaqcross all listed options in the u.s and mike you noted this has only occurred six times in the past two years. what do you think this means >> yeah, i mean, i think we need to take a look at that and i think we need to take a look at other things in the options market too first thing i would say is that obviously there is a tremendous amount of concern right now. a lot of the unusual put volume we saw was not retail traders going out and buying puts on the st

henry zhang holding up the finished product. the entire class with a persuasive writing assignment.t the local pets up for adoption at richmond animal care and control. each getting to know a dog or cat and writing a letter from their point of view, complete with a drawing, posting the letters at their shelter, hoping it would help get them adopted. liza jane scherer, smiling with her letter. >> hi, my name is cody. i would love to be adopted. i want a loving, caring family with a big, fenced-in yard. please be my owner. >> reporter: parker witthoeff reading his. >> hello, my name is missy. i like fenced-in yards and wide spaces. i like to eat treats. i love to run, and i'm very gentle. i want to be adopted. will you adopt me? >> reporter: tonight, we're happy to report 20 pets from that assignment have now been adopted. >> give me kisses. >> reporter: romeo at his forever home with angela lewis. >> our hearts were taken when we read the stories that the st. michael's kids wrote. >> reporter: and four of the dogs still waiting. >> this is pebbles. good boy. hi, kotey cakes. what are

you know, the police department and bin zhang, you business say the damage caused by the burglary. plus, the monetary loss exceeds $10,000 and help us right in the situations that suspect took advantage of the businesses being open that night once term and no one was around. he spent about 3 and a half breaking through a door to get to the back. police say used to get into the machine. i have heard of these things. i never thought that i would be. >> you know, a victim of one of these these making matters worse is the nationwide coin shortage during the pandemic. eu says it was already a daily tour securing quarters from banks for customers have been reaching out to folks on craigslist. >> on on next door and asking for neighborhood folks to bring coins and has been really helpful. >> but i'm still running around and i think i'll be doing that for the the near future. as in the meantime, he's hoping someone recognizes the man who wore a mask during th' burglary. police say he stands 5 foot 6 and dressed in all black. reach out to investigators. if he looks familiar, he cost a famil

daile zhang, who helped to verify these records says the mappers reveal more about the scale of lightning of it as, you know, a camera on your cell phone, but it detects, it covers a large domain, north and south america, and adjacent oceans. and it is also a high—speed camera so it takes a snapshot from above the thunderstorm every two milliseconds, which give you 500 frames per second. and it continuously observes, you know, lightning activity, and it operates in a very narrow band of near infrared frequency, so whenever there is lightning in the cloud, the satellite sensor will see where it started and how it propagates in the cloud and where it ends. it is exciting that we have the technology to observe and appreciate the beauty of it. my initial thought was that studying satellite lightning was the best thing that i have ever done. well, our time is almost up here on the isle of wight back with me is annette. annette, ijust wanted to ask you a little bit about how you got involved and what drives you to be part of this team here at the national coastwatch institution? i was a nurse o

after another april sell-off, i'm melissa lee joined by carter worth, mike khouw and tony z zhang.ted its worst month since the onset of the pandemic this week's volatility was led by the tech sector's earnings report we have another big week of results on tap lots of consumer related

we go to steven zhang, who is live in beijing for us.enormous populations, it takes one or two or three cases and there's lockdowns. >> reporter: that's right, michael. not just in beijing and shanghai. when we look at this on a nationwide scale, by cnn's own calculation, at least 180 million people are living under some forms of lockdown. and many people in smaller cities have been living like this for months, with very little outside attention and no end in sight. you mentioned shanghai, finally some residents able to leave their houses, for the first time in weeks. and i have been talking to residents there. this time, it's happening for real. authorities have made similar promises before, only to reverse the decision at a last minute. now, people went out of the comc compounds for a jog or going to the store to get ice cream for the kids. such simple things that people used to take for granted has become such luxury. here in beijing, things seem to be taking a turn for a worse. all schools are closed and a major hospital. these are o

what options do you have tony zhang joins us. >> in this particular market, when volatility is so highis one simple strategy that almost every options trader has at their disposal to provide some downside protection, that's a covered call this is a strategy that requires you to have at least 100 shares of an optionable stock or etf, where you can sell a call option against that stock, with the stock as your class rule against the obligations of that call, which will jerch rate income it obligates you to sell your stock at that specific strike price. just to break this down and look at it from a graphics perspective, one of the best ways to understand this strategy is you're giving away future up side of the stock you own in exchange for upfront income you can receive today. this will reduce your cost basis, provide a bit of downside protection by the premium you're collecting in this particular environment, you're just going to be able to check more premium if you look across the street, you're going to find premium just about everywhere you look one of the examples i have here, the st

helping out our friends and family and being good family neighbors which as jose said that's what bo zhangf you don't have a bojangles near you and can't do this. how sad it sometimes people have to make a choice between eating and filling up their tank. >> it's tough but we are on ath path growth, todd. you will be happy to know we'll be coming to the great state of texas. we will be coming to new jersey and closer to you in new york. and certainly more inroads and growing our great brand over the coming months and years. >> todd: connecticut jose. >> next year. next year we will be there. >> todd: yea. >> carley: this is great news. i was looking at the menu earlier today and that gravy smothered sandwich looks delicious. thanks for coming on this morning and doing what you are doing and putting a smile on our face. we appreciate it so much. >> todd: and, with that, "fox & friends" starts right now. ♪ ♪ >> the battle for ukraine's independence. [explosion] >> is now in day 42. >> president zelenskyy is seeing a stark warning if the world doesn't act. >> war crimes. >> president biden wro

jian qing zhang for seat two. >> thank you, supervisor peskin. i am dialed in from phoenix. i am with the hospital council to the seat number two. i am a healthcare innovative healthcare executive with progressive leadership experience in hospital and medical group development and management with more than 20 years of success in hosting performances to people centered healthcare administration. i have been serving on the board member for four years. i sit on other association boards or medical groups. i have also taken care of san francisco members for almost 20 years. when i was a family practitioner. san francisco health plan is very important to the populations that we serve. i believe i can bring leadership and clinical experience in taking care of medical patients for more than 25 years. once appointed i will work with colleagues or members. the management team to address the post pandemic healthcare issues. somehow impacted san francisco members such as the behavioral health, substance abuse, healthcare disparity and many more issues. thank you very much. >> supervisor

you know, the police department and bin zhang, you business say the damage caused by the burglary. the monetary loss exceeds $10,000 and help us right in the situations that suspect took advantage of the businesses being open that night once term and no one was around. he spent about 3 and a half breaking through a door to get to the back. police say used to get into the machine. i have heard of these things. i never thought that i would be. >> you know, a victim of one of these these making matters worse is the nationwide coin shortage during the pandemic. eu says it was already a daily tour securing quarters from banks for customers have been reaching out to folks on craigslist. >> on on next door. >> and asking for neighborhood folks to bring coins and has been really helpful. but i'm still running around and i think i'll be doing that for the the near future. as in the meantime, he's hoping someone recognizes the man who wore a mask during the burglary. police say he stands 5 foot 6 and dressed in all black. reach out to investigators. if he looks familiar. >> he cost a family

joining me now is linda zhang, chief yengineer of the lightnin. thrilled to have you back.to embrace a green initiative is to wrap it in a pickup truck. i guess that's what you're doing. >> hi, michael, thanks for having me back. i can't believe it's been almost a year since we revealed the truck. and we're really excited to be here because we're prepping the vehicles to start shipping out to our customers. as far as ev pickup truck, we expect it to really do well. i think this is definitely an inflexion point in the evolution to ev vehicles. and when you wrap a pickup truck around the ev, what we're able to provide our customers with is the smartest most innovative ev that really gets our customers the best vehicle that they can get. this is best-selling truck for 45 years in america -- actually best-selling vehicle for 45 years in america. and when we electrify that vehicle, that is telling our customers that american population that this truck can be durable and usable for them. >> are the typical f-150 owners, if there such a thing, because it is the most popular vehicl

. >> clerk: item 19 is a motion appointing jian qing zhang, term ending january 15, 2023, roland pickensseph woo, steven fugaro, steve fields, terms ending january 15, 2024, and eddie chan, term ending january 15, 2025, to the san francisco health authority. >> the chair: thank you. seeing no one on the roster, we will take this item same house, same call and without objection. this motion is approved unanimously. madam clerk, let's go to roll call for introductions. >> clerk: supervisor safai first up to introduce new business. >> colleagues, last week we had a conversation that began the conversation on appropriation. as the vice chair working in partnership with the chair of the committee, i'm introducing a budget-related hearing request today. supervisor ronen is co-sponsoring this with me. the hearing will consider the city's reserves in the multiple reserve accounts. what those reserves are legally mandated -- what level they're legally mandated to be appropriated at, what funding they will be designated for and ask the controller in the mayor's office to report on each reserve so

taiwan semi on deck to report quarterly results overnight despite recent pain in the chip sector, tony zhanghey will report tomorrow and options trading more than three times the average daily volume the average market right now is implying a sizable move of 4.7% versus the average over the last eight quarters only 3.5% one trader took out a fairly simple but sizable bullish trade buying 6,000 contracts of the april 28th 109 calls for average price $97 cents and additional april 28th calmed for 99 cents laying out just shy of $1 million in premium betting taiwan semiconductors will rally roughly at least 10% over the next two weeks >> guy, you're saying this is going to be a very important one to watch >> i think it's huge i think you really can tell the tell for semis over the next couple months. taiwan semi is one of the most important companies in the world. stock is off 30% since that high we made back in january. i think the set up is really good into earnings but they better beat and raise, in my opinion, for this stock to have that 10% move. but in terms of what it means for semis goi

. >> tony zhang thank you for more "options action" tune in to the full show on friday at 5:30 easternll the story for the sector first, heavy metal, lithium production, we're joined by ceo of lithium americas to break down what it means for the company. the interview is next. more "fast money" in two i'm 53, but in my mind i'm still 35. that's why i take osteo bi-flex, to keep me moving the way i was made to. it nourishes and strengthens my joints for the long term. osteo bi-flex. available at your local retailer and club. when tired, achy feet make your whole body want to stop, it's dr. scholl's time. our insoles are designed with unique massaging gel waves, for all-day comfort and energy. find your relief in store or online. a financial advisor that understands me and my goals as well as the markets? now you're talking. no wonder clients rate ameriprise 4.9 out of 5 for overall satisfaction. ameriprise financial. advice worth talking about. with directv stream, for overall satisfaction. i can get live tv and on demand together. watch: serena williams... wonder woman... serena... won

she's chief engineer at ford linda zhang.the electric ford f-150, one of the most popular preordered cars in history. >>> amazon said growing expenses caused a financial loss for the company, the first since 2015. some of this was due to amazon's investment in the electric truck company rivian. it lost about $7 billion on that investment as shares in rivian fell. >>> let's point out tesla has lost 19% of its overall value since elon musk announced he'd buy twitter, partly by using his shares as collateral for a loan. musk sold about $4 billion more in tesla stock just this week. he's promised he won't sell any more. >>> two senators, markey from massachusetts and blumenthal of connecticut say musk should testify in front of congress why he wants to buy twitter and what he plans to do with it once he's in control. he'll probably end up in front of congress a lot. congress likes putting tech ceos on the stand. here he is back in 2014 talking about how important it was at the time to give up our dependence on russian rockets. we

rose zhang, the number one amateur in the world didn't have her a game.he finished tied for 12th at plus 5. another cardinal, crowder, finishing in style. she birdies 18. she finished tied for eighth at 3 over par. and then the lone san jose state player in the field saves par on 18. she finished tied for 25th at plus 11. and how cool is this? 16-year-old anna davis, from near san diego, she won the tournament at 1 under par. that's a look at your morning sports. i'm anthony flores for "today in the bay." >> thanks, anthony. >>> it is 7:26. we have much more ahead on "today in the bay." coming up, at least six people killed in a mass shooting in sacramento early this morning. the latest we're learning from police. plus -- >> our connection was music, and so that's why i'm doing this. >> a father's touching tribute to his late son and how he hopes to help others dealing with the same addiction. >>> good morning. it is sunday, april 3rd, 7:29, as we take a live look outside. the sun is shining through the clouds and a little bit of wind there in san francis

weather still to come for the rest of the forecast over to irena zhang. thank you for that. we are keeping a close eye on your bridges this morning. a 11 minute drive. >> heading into the city this morning, we had an accident near 4th street on the bridge that has been clear to traffic's moving along san mateo bridge heading across towards the peninsula. no delays along one. 0 one or a 80 for that matter. so that'll be about a 13 minute commute for you. the richmond center fell bridge as you're traveling out of richmond across towards sandra fell a little under 10 minutes for your drive. and the golden gate bridge. 37 to the tolls looking at a 20 minute morning commute. >> time now is 5, 0, 1, 3, men facing charges in connection with the deadly mass shooting in sacramento to 26 year-old dandre martin was arraigned on gun charges and that includes possession of a machine gun. yeah. his brother, 27 year-old smiley martin was arrested while hospitalized with serious injuries from the gunfire. >> late tuesday, police announced the arrest of a 3rd man davey on dawson kron four's.

you know, the police department and bin zhang, you business say the damage caused by the burglary. plus, the monetary loss exceeds $10,000 and help us right in the situations that suspect took advantage of the businesses being open that night once term and no one was around. he spent about 3 and a half breaking through a door to get to the back. police say used to get into the machine. i have heard of these things. i never thought that i would be. >> you know, a victim of one of these these making matters worse is the nationwide coin shortage during the pandemic. eu says it was already a daily tour securing quarters from banks for customers have been reaching out to folks at craigslist. >> on on next door and asking for neighborhood folks to bring coins and has been really helpful. >> but i'm still running around and i think i'll be doing that for the the near future. as in the meantime, he's hoping someone recognizes the man who wore a mask during the burglary. >> police say he stands 5 foot 6 and dressed in all black reach out to investigators. if he looks familiar, he cost a fam

you know, the police department and bin zhang, you business say the damage caused by the burglary.he monetary loss exceeds $10,000 and help us right in the situations that suspect took ad antage of the businesses being open that night once term and no one was around. he spent about 3 and a half breaking through a door to get to the back. police say used to get into the machine. i have heard of these things. i never thought that i would be. >> you know, a victim of one of these these making matters worse is the nationwide coin shortage during the pandemic. eu says it was already a daily tour securing quarters from banks for customers have been reaching out to folks on craigslist. >> on on next door and asking for neighborhood folks to bring coins and has been really helpful. >> but i'm still running around and i think i'll be doing that for the the near future. as in the meantime, he's hoping someone recognizes the man who wore a mask during the burglary. >> police say he stands 5 foot 6 and dressed in all black reach out to investigators. if he looks familiar, he cost a family busi

will: fran, franny, wanted hunter and joe to get to know bo zhang. bo zhang is a princeling.e bidens to get to know for future business dealings. bow zhang's parents again own the harves group. founded the harvest group and his father-in-law is a governor in the chinese communist party. so you have a connection not only to a shady business never china but one inevitably has a connection to the chinese communist party. pete: this is how you get access to the u.s. political power and access to enrichment inside china as long as those doors open to you. brings us to one more name anne marie mull do you know. you remember the firm rosemont seneca partners? she used to work for sherwin and hunter biden at rosemont seneca partners before joining wind's team in the white house in 2014. so she is with rosemont seneca and hunter and then joins the white house, takes a bunch of meetings, including facilitating what fran was doing on the business side. will: i think what's challenging here is you have to do two things at the same time. keep the entire picture of connections in your mind

. >> clerk: item 19 is a motion appointing jian qing zhang, term ending january 15, 2023, roland pickensseph woo, steven fugaro, steve fields, terms ending january 15, 2024, and eddie chan, term ending january 15, 2025, to the san francisco health authority. >> the chair: thank you. seeing no one on the roster, we will take this item same house, same call and without objection. this motion is approved unanimously. madam clerk, let's go to roll call for introductions. >> clerk: supervisor safai first up to introduce new business. >> colleagues, last week we had a conversation that began the conversation on appropriation. as the vice chair working in partnership with the chair of the committee, i'm introducing a budget-related hearing request today. supervisor ronen is co-sponsoring this with me. the hearing will consider the city's reserves in the multiple reserve accounts. what those reserves are legally mandated -- what level they're legally mandated to be appropriated at, what funding they will be designated for and ask the controller in the mayor's office to report on each reserve so

. >> reporter: pre tournament favorite rose zhang stumbled in the opening round but the stanford freshman >> reporter: 16-year-old ann davis started strong in a tie for the top spot after the first round and now sits just a few shots off the lead. >> it is my first time playing the event. i'm here to have fun. >> reporter: also near the top of the pack, amari avery, the freshman at usc now playing to win in her second appearance at the event. they are all just 18 holes away from making history at augusta so they are playing the first two rounds at a golf course up the street but the first time they will actually compete here at augusta national will be on saturday and i've been told that even the top names in men's golf get nervous before they play here at augusta. but, you know, that is all part of the competition and, of course, you can watch all the competition tomorrow, starting at noon eastern right here on nbc. you can also catch it on peacock, as well carson, i want to point out that that also means that the course is wide open right now so might come down i think i have lot more p

jian qing zhang for seat two. >> thank you, supervisor peskin. i am dialed in from phoenix.he seat number two. i am a healthcare innovative healthcare executive with progressive leadership experience in hospital and medical group development and management with more than 20 years of success in hosting performances to people centered healthcare administration. i have been serving on the board member for four years. i sit on other association boards or medical groups. i have also taken care of san francisco members for almost 20 years. when i was a family practitioner. san francisco health plan is very important to the populations that we serve. i believe i can bring leadership and clinical experience in taking care of medical patients for more than 25 years. once appointed i will work with colleagues or members. the management team to address the post pandemic healthcare issues. somehow impacted san francisco members such as the behavioral health, substance abuse, healthcare disparity and many more issues. thank you very much. >> supervisor peskin: thank you. we will go to ro