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Options Traders Expect AstraZeneca Shares To Fall After Earnings Report, As Stock Is Up 5% In 2022
Wednesday, November 9, 2022 - 9:23am | 207On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that AstraZeneca plc. (NASDAQ: AZN) traded 3.9 times its average daily put volume on Tuesday. The trade implied a move of about 3.6% in the stock by the end of the week, which is broadly in line with the average move...
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Options Trader Bets Carvana Will Fall Further, Despite Stock's 97% Decline In 2022
Tuesday, November 8, 2022 - 9:21am | 244On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Carvana Co. (NYSE: CVNA) traded more than 4 times its average daily put volume on Monday. The stock has lost 97% year to date. Check out other stocks making moves in the premarket. There was a buyer who rolled 6,...
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MicroStrategy Bullish Bets Could Indicate A Cryptocurrency Rebound
Friday, November 4, 2022 - 10:06am | 163On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Thursday’s trading of MicroStrategy Inc. (NASDAQ: MSTR) implied a move of 10%. There was a buyer of 238 of the Nov. 11, weekly 260 calls at an average price of $11.62 per contract, Khouw mentioned. The...
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Traders See More Upside For Uber, After Stock Spikes 12% On Tuesday Following Earnings
Wednesday, November 2, 2022 - 8:20am | 202On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Uber Technologies Inc. (NYSE: UBER) traded at 3.5 times its average daily volume on Tuesday. The stock got busy after the company reported stellar results for the third quarter. Check out other stocks making...
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Markets Brace For Fed Rate Update, Here's How To Play It
Tuesday, November 1, 2022 - 8:49am | 194On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that the Industrial Select Sector SPDR Fund (ARCA: XLI) traded at 4.8 times its average daily call volume on Monday. There were buyers of 25,655 of the November 100 calls at an average price of 45 cents per contract,...
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Why ExxonMobil Could Continue To Rally
Friday, October 28, 2022 - 8:12am | 167On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that trading in ExxonMobil Corp. (NYSE: XOM) implied a move of about 3.4% on Thursday. This was higher than the average of 2.7% move in the last eight reported quarters, he said. The stock traded at 1.3 times its...
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With Twitter Deal In Motion, Stock Closes At Highest Level Since Proposal
Wednesday, October 26, 2022 - 8:40am | 142On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Twitter Inc. (NYSE: TWTR) traded at 1.4 times its average daily call volume on Tuesday. Traders expect the deal to close by the end of the week, he added. Check out other stocks making moves in the premarket....
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Options Traders Expecting Microsoft Rally, Ahead Of Tech Giants Reporting Earnings
Tuesday, October 25, 2022 - 8:39am | 215On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that trading on Microsoft Corporation (NASDAQ: MSFT) on Monday implied a move of about 5.4% by the end of the week. This is higher than the average 3.9% in the last eight reported quarters, he added. Check out other...
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Microsoft And A Dollar Index Fund To Consider Shorting Amid A Downtrend
Monday, October 24, 2022 - 8:11am | 173On CNBC’s “The Final Call,” Carter Worth said, “There are always rallies, but the market by all accounts is not in good shape.” He recommended for traders to “remain sellers.” Dennis Davitt said that he was going to follow Michael Khouw to get short...
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Why Schlumberger Shares Could Decline After Earnings
Friday, October 21, 2022 - 8:40am | 169Schlumberger NV (NYSE: SLB) is scheduled to report earnings before the bell on Friday. On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Schlumberger traded three times its average daily put volume on Thursday. The trade implied a move of about 3.6%, which...
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Why Tesla Shares Could Tumble After Earnings
Wednesday, October 19, 2022 - 8:41am | 171Tesla Inc. (NASDAQ: TSLA) is scheduled to report earnings on Wednesday after the bell. On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Tesla’s trades on Tuesday implied a move of about 8.2% by the end of this week. This is greater than the average 5.5%...
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Netflix Shares Spike, Options Traders See More Runway Ahead
Tuesday, October 18, 2022 - 8:30am | 202Netflix Inc. (NASDAQ: NFLX) is scheduled to report earnings on Tuesday, after the closing bell. On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Netflix trading implied a move of around 12%, which is "in-line with the moves we have seen in the last eight...
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Why Tesla Options Suggest Stock Could Rise 65% To Reach April Highs
Friday, October 14, 2022 - 8:05am | 162On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Tesla Inc. (NASDAQ: TSLA) was the busiest single stock option on Thursday, trading over 1 million contracts higher than Apple Inc. (NASDAQ: AAPL). Check out other stocks making moves in the premarket. There...
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Why Lucid Stock Could Gain On Prospect Of Meeting 2022 Production Guidance
Thursday, October 13, 2022 - 8:10am | 180Lucid Group Inc (NASDAQ: LCID) Wednesday reported that it produced 2,282 vehicles in the third quarter and is on track to meet the conservative full-year guidance of 6,000 to 7,000 vehicles. The EV maker reduced its production estimates twice this year. On CNBC's "Options Action...
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Options Traders Expecting Short-Term Downside For ARK Innovation ETF
Tuesday, October 11, 2022 - 8:18am | 172On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that ARK Innovation ETF (ARCA: ARKK) traded at 1.4 times its average daily options volume on Monday. With over 200,000 contracts traded, it “was the ninth-busiest ETF option today,” he added. Check out...