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The Final Call: Short Energy And Long Lockheed Martin And This Tech Major
Monday, June 20, 2022 - 9:02am | 175On CNBC's "The Final Call," Carter Worth recommended to reduce exposure to energy and redeploy capital to Lockheed Martin Corporation (NYSE: LMT). Shares of Lockheed Martin have lost almost 5% over the week. Michael Khouw of Optimize Advisors said he liked Lockheed Martin too. And put...
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Traders Brace For Downside To Energy Stocks
Thursday, June 16, 2022 - 8:37am | 157On CNBC's "Options Action," Tony Zhang said that the some of the energy stocks are “becoming a way to play a leverage view on crude. SPDR S&P Oil & Gas Exploration & Production ETF (NYSE: XOP) traded 1.2 times its average daily volume on Wednesday, he added....
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How To Play Caterpillar After Big Selloff
Monday, June 13, 2022 - 8:30am | 235On CNBC's "Options Action," Tony Zhang said that Caterpillar Inc’s (NYSE: CAT) stock has been “largely rangebound” between $190 and $230. “A couple of days ago, we bounded off of the $230 upper band and I think that we’re headed back towards the lower...
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How Lululemon Athletica Could Trade After Earnings
Thursday, June 2, 2022 - 8:18am | 166Lululemon Athletica Inc (NASDAQ: LULU) is scheduled to report its quarterly results after the bell on Thursday. The company is expected reported revenues and earnings of $1.55 billion and $1.43 a share, versus the year-ago figures of $1.23 billion and $1.16 per share, respectively. On CNBC's...
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The Final Call: Time To Short Consumer Staples, Go Long On Netflix And This Energy Stock
Sunday, May 29, 2022 - 3:02pm | 174On CNBC's "The Final Call," Carter Worth said he was a seller of consumer staples. Meanwhile, Tony Zhang said that the time had come to buy Netflix Inc (NASDAQ: NFLX). Check out other tech stocks moving in the premarket. Michael Khouw of Optimize Advisors said he was buying puts in...
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Why Traders Expect Chevron Stock To Remain Elevated
Thursday, May 26, 2022 - 8:03am | 149Energy stocks have been rising, even as the rest of Wall Street struggles to recover from several weeks of losses. On CNBC's "Options Action," Tony Zhang said there were big bets on Chevron Corporation (NYSE: CVX) on Wednesday. Check out energy stocks making big moves in the...
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The Final Call: Apple Along With This EV Maker Have Further Downside
Sunday, May 22, 2022 - 3:46pm | 186On CNBC's "The Final Call," Carter Worth said Bitcoin is “ominous” and recommended to “get out of the way.” Tony Zhang said there was downside risk in Apple Inc (NASDAQ: AAPL) and Tesla Inc (NASDAQ: TSLA). He added that he was buying put spreads in both names....
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More Bearish Bets For Costco Wholesale
Thursday, May 19, 2022 - 7:39am | 151Amid the broader retail bloodbath on Wednesday, shares of Costco Wholesale Corporation (NASDAQ: COST) tanked more than 12% in their worst performance since 2003. On CNBC's "Options Action," Tony Zhang said the stock traded almost 5 times its average daily put on Wednesday. Check...
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The Final Call: Time To Buy These Undervalued Stocks
Monday, May 16, 2022 - 11:26am | 220On CNBC's "The Final Call," Carter Worth named Intuit Inc. (NASDAQ: INTU). Shares of the company have lost more than 40% year to date. Tony Zhang said, “I’m trying to catch a falling knife” with ARK Innovation ETF (NYSE: ARKK). He added that he was “buying a...
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Investors Bet On Roblox User Growth Paying Off
Thursday, May 12, 2022 - 7:59am | 161Shares of Roblox Corp (NYSE: RBLX) climbed more than 3% despite a top- and bottom-line miss. Investor sentiment was boosted by the company’s strong user growth. On CNBC's "Options Action," Tony Zhang said it was a “rollercoaster day” for Roblox’s stock on...
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Experts Say These 2 Stocks Are Undervalued
Monday, May 9, 2022 - 8:23am | 158On CNBC's "The Final Call," Carter Worth said, “Gold is money. Everything else is credit.” He recommended JPMorgan Chase & Co (NYSE: JPM). Shares of JPMorgan Chase have lost more than a quarter of their value so far this year. Check out other banking stocks moving in...
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Institutional And Retail Traders Differ On Their Bets On Mosaic Earnings
Tuesday, May 3, 2022 - 8:13am | 221Shares of Mosaic Co (NYSE: MOS) have gained more than 55% year-to-date and investors are betting the rally will continue. The fertilizer company delivered a handsome earnings beat for its first quarter on Monday and said ag-commodity prices may remain elevated due to the Russia-Ukraine conflict. On...
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How Markets Are Playing CVS Health, T-Mobile US
Monday, May 2, 2022 - 8:32am | 208On CNBC's "Options Action," Carter Worth said CVS Health Corp (NYSE: CVS) “acts poorly going into earnings.” He added, “If you’re long, we’ll take measures. If you’re a short seller, we’d hit it.” Shares of CVS Health tanked almost 5% on...
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How To Trade Amazon Ahead Of Earnings
Sunday, April 24, 2022 - 11:19am | 201Shares of Amazon.com, Inc. (NASDAQ: AMZN) Friday lost close to 3% to settle at $2,887.00. Last month, the Board of Directors of the company approved a 20-for-1 split in June. On CNBC's "Options Action," Tony Zhang said there were risks ahead of Amazon’s earnings announcement. He...
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Netflix Shares Tank And Traders See Further Downside
Thursday, April 21, 2022 - 9:16am | 176Shares of Netflix Inc (NASDAQ: NFLX) Wednesday tanked more than 35% after the company reported a decline in net subscriber adds. On CNBC's "Options Action," Tony Zhang said the stock traded a whopping 16 times its average daily volume. A trader sold 5,076 of the June 225 calls at $17....