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Tony Zhang's HYG Trade
Sunday, May 10, 2020 - 3:51pm | 149Read More...On CNBC's "Options Action," Tony Zhang spoke about iShares iBoxx $ High Yield Corp Bond (NYSE: HYG). He expects the ETF to break above the $80 resistance level because investors are currently seeking yield and the Fed is going to buy ETFs like HYG. Zhang wants to sell the July $75 put...
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Options Pro On Macy's Breaks Down Potential 500% Return Trade
Monday, April 27, 2020 - 8:40am | 410Read More...Retailer Macy's Inc (NYSE: M) faces multiple headwinds ahead, including liquidity issues, a slashed dividend and $1.5 billion in new debt taken from its revolver, OptionsPlay Chief Strategist Tony Zhang said on CNBC's "Options Action." None of this implies the company is going...
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Tony Zhang's Microsoft Trade
Monday, April 27, 2020 - 7:37am | 156Read More...On CNBC's "Options Action," Tony Zhang suggested that traders should consider a bullish options trade in Microsoft Corporation (NASDAQ: MSFT), ahead of earnings. He said that the stock has outperformed the market and the technology sector and it is trading less than 10% off its highs...
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Options Action Traders Comment On VIX, Las Vegas Sands And Disney
Saturday, April 25, 2020 - 4:22pm | 146Read More...On CNBC's "Options Action," Mike Khouw said that he would avoid selling put spread on VIX. He explained that after a sharp move higher in VIX, like the one we had in March, it could continue to come in, even if the market trends lower. Tony Zhang would sell the June $43/$40 put credit spread in Las...
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Tony Zhang Breaks Down An Interesting Caesars Entertainment Options Trade
Saturday, April 18, 2020 - 4:47pm | 155Read More...On CNBC's "Options Action," Tony Zhang said that he saw an interesting options trade on Friday in Caesars Entertainment (NASDAQ: CZR). He finds it interesting because it gives us a glimpse into how options traders might be utilizing strategies in options to time an eventual recovery...
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'Options Action' Traders Weigh In On Apple, S&P 500, Crude Oil
Saturday, April 18, 2020 - 4:44pm | 169Read More...On CNBC's "Options Action," Carter Worth said that he is a seller of Apple Inc. (NASDAQ: AAPL). He added that the stock didn't offer any protection on the way down, as it dropped 35% inline with the market and its relative performance has been stalling ever since. Tony Zhang...
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Tony Zhang's Teladoc Health Trade
Saturday, April 18, 2020 - 4:42pm | 125Read More...On CNBC's "Options Action," Tony Zhang suggested a bullish options trade in Teladoc Health Inc (NYSE: TDOC) ahead of the earnings. The company is going to report earnings in couple of weeks and options premium is a little bit elevated, said Zhang. He expects the stock to stay around $...
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Carter Worth And Mike Khouw's XLY Trade
Saturday, April 18, 2020 - 4:40pm | 253Read More...On CNBC's "Options Action," Carter Worth spoke about the recent rally in Consumer Discretionary SPDR (NYSE: XLY) and suggested that traders should short it after such a move higher. He compared XLY with an equally weighted consumer discretionary sector and concluded that the spread...
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Tony Zhang's Nike Trade
Saturday, April 4, 2020 - 9:43am | 165Read More...Tony Zhang spoke on CNBC's "Options Action" about Nike Inc (NYSE: NKE). He is looking to sell the stock because he expects it to trade lower, along with the consumer discretionary sector. Nike retraced 50% of the initial sell-off and it bounced lower off the $87 resistance level....
