Options Action

Crude oil prices resumed their gains, with the commodity closing positive for the ninth session in the previous ten sessions. Shares of Schlumberger NV (NYSE: SLB) closed slightly higher on Thursday, gaining over 7% this year, as the company is scheduled to release its quarterly earnings before...

Carvana Co. (NYSE: CVNA) shares traded higher Thursday amid volatility in high short interest stocks. On CNBC’s "Options Action," Mike Khouw of Optimize Advisors said Carvana was the eighth-busiest single stock option on Thursday, with calls outpacing puts by more than 2 to 1. Don...

World Wrestling Entertainment, Inc. (NASDAQ: WWE) shares gained on Wednesday after reports the company was sold to Saudi Arabia's Public Investment Fund. The stock gave back gains following reports indicating there is no deal for the company to be sold to Saudi Arabia's Public...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares rose sharply on Tuesday despite the company reporting weaker-than-expected results for its third quarter. According to a Wall Street Journal report citing people familiar with the matter, Bed Bath & Beyond has brought on consulting firm...

Coinbase Global, Inc. (NASDAQ: COIN) shares recorded sharp gains on Monday. JMP Securities maintained Coinbase with a Market Outperform, while Jefferies initiated coverage on the stock with a Hold rating and announced a price target of $35. Shares of other crypto-related stocks, including,...

Shares of Silvergate Capital Corp (NYSE: SI) dropped sharply on Thursday after the company announced select preliminary fourth-quarter financial metrics and provided a business update, which includes reducing headcount by 40%. On CNBC’s "Options Action," Mike Khouw of...

Shares of Wynn Resorts, Limited (NASDAQ: WYNN) gained on Tuesday after Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised the price target from $74 to $101. On CNBC’s "Options Action," Mike Khouw of Optimize Advisors said Melco Resorts & Entertainment...

Auto stocks recorded gains on Thursday, with stocks including Tesla, Inc. (NASDAQ: TSLA), Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) settling higher during the session. On CNBC’s "Options Action," Mike Khouw of Optimize Advisors said Ford traded at 1.7x...

Crude oil prices dropped on Wednesday amid concerns over surging COVID-19 cases in China, the world’s top oil importer. This resulted in a sharp drop in energy stocks, including, EQT Corporation (NYSE: EQT), APA Corporation (NYSE: APA), Coterra Energy Inc. (NYSE: CTRA) and Devon Energy...

Southwest Airlines Co. (NYSE: LUV) shares came under pressure on Tuesday after the airline canceled thousands of flights, which drew scrutiny from officials. The U.S. Transportation Department said Monday evening it would investigate if the outsized share of flights canceled by the company were in...

AMC Entertainment Holdings Inc (NYSE: AMC) disclosed an equity capital raise and a debt for equity exchange. The company also proposed a vote to convert AMC Entertainment Preferred Equity Units (NYSE: APE) into common shares and enact a reverse stock split. On CNBC’s "...

Tesla, Inc. (NASDAQ: TSLA) was unable to hold on some early gains and recorded losses for the fourth straight session on Wednesday. On CNBC’s "Options Action," Dan Nathan of Risk Reversal said Tesla traded at 1.3x average daily volume on Wednesday. Don’t forget to check out...

Micron Technology, Inc. (NASDAQ: MU) is expected to release quarterly earnings results after the closing bell today. Semiconductor stocks, meanwhile, are under pressure this year, with the VanEck Semiconductor ETF (NASDAQ: SMH) nearing the worst year since the 2008 financial crisis. On...

Madrigal Pharmaceuticals Inc (NASDAQ: MDGL) shares rose sharply on Monday after the company announced positive topline results from the pivotal Phase 3 MAESTRO-NASH (fatty liver disease) biopsy trial of resmetirom. On CNBC’s "Options Action," Mike Khouw of Optimize Advisors...

Roblox Corp (NYSE: RBLX) shares dropped sharply on Thursday after the company reported November 2022 key metrics. Daily active users for November came in at 56.7 million, up 15% year-over-year, while estimated revenue was between $190 million and $193 million, up 1%-3% year-over year. On CNBC...