Options Action

Carter Worth of Cornerstone Macro said on CNBC's "Options Action" that he is a buyer of 3M Co (NYSE: MMM). Since the March 2020 lows, the stock underperformed the Industrial Select Sector SPDR Fund (NYSE: XLI), but Worth noticed a bearish to bullish reversal and a reversed head...

On CNBC's "Options Action," Mike Khouw suggested that investors with long exposure in the technology stocks should consider hedging using the Invesco QQQ Trust Series 1 (NASDAQ: QQQ). He wants to buy the May $300/$270 put spread and sell the May $340 call for a total cost of...

On CNBC's "Options Action," Bonawyn Eison spoke about unusually high options activity in SPDR S&P Retail ETF (NYSE: XRT). He noticed that the ETF traded sharply higher on Monday and it's very unusual for a well-diversified ETF to move like that. The most active option on...

On CNBC's "Options Action," Tony Zhang said the home improvement space remains one of the strongest categories of consumer spending and he sees the poor performance of Lowe's Companies Inc (NYSE: LOW), since it reported earnings, as an opportunity to play for a bounce....

Carter Worth of Cornerstone Macro shared with the viewers of CNBC's "Options Action" his bullish technical analysis of Microsoft Corporation (NASDAQ: MSFT). He said the stock has underperformed Invesco QQQ Trust Series 1 (NASDAQ: QQQ) recently, but its relative performance line has...

On CNBC's "Options Action," Mike Khouw spoke about unusually high options activity in Tanger Factory Outlet Centers Inc. (NYSE: SKT). He said that Tanger Factory is a stock with high short interest and it traded about 6 times its average daily options volume on Thursday. See Also:...

On CNBC's "Options Action," Mike Khouw said that calls significantly outpaced puts in ProShares VIX Short-Term Futures ETF (BATS: VIXY) on Monday. The most active options were the March $17 calls and they were trading for 35 cents. The trade breaks even at $17.35 or more than 40%...

On CNBC's "Options Action," Tony Zhang suggested investors should consider a bullish options trade in Apple Inc (NASDAQ: AAPL). The stock is trading near a multi-month support level and the risk-reward on absolute and relative basis favors the long side, said Zhang. See also: How...

Mike Khouw said on CNBC's "Options Action" that Target Corporation (NYSE: TGT) is trading quite rich to itself, and sometimes when you see stocks run towards the upper end of their own historical valuations, you can run into a little bit of trouble. He doesn't take issue with...

Carter Worth and Mike Khouw shared with the viewers of CNBC's "Options Action" their trade on SPDR S&P Regional Banking ETF (NYSE: KRE). Worth is concerned the regional banks, banks in general and brokers and dealers are ahead of themselves. The recent performance of KRE is a...