On CNBC's "Options Action: The Final Call," Carter Braxton Worth said Centene Corp CNC was a defensive stock that was “acting offensively.” The stock jumped almost 5% to settle at $78.45 on Friday, adding more than 26% year to date.
Tony Zhang recommended using a call spread for Meta Platforms Inc FB. The stock has gone up almost 23% year to date and closed Friday’s trading at $329.75. Facebook started trading as Meta Platforms from December 1.
Mike Khouw of Optimize Advisors named Consumer Staples Select Sector SPDR Fund XLP, which has gained more than 11% year to date. “I like ‘em,” Khouw commented.
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