Tony Zhang

On CNBC's "Options Action," Tony Zhang said that one institutional customer “seems to be picking a bottom” for Zendesk Inc (NYSE: ZEN) stock, which has lost nearly 40% from its 2021 peak. Zendesk traded almost 9 times its average daily volume on Wednesday, Zhang...

On CNBC's "Options Action," Tony Zhang said he was looking at higher oil prices, especially because “we have some pent-up demand.” This will likely be “a nice boost for energy stocks going into the second half” of 2022. Looking at the chart for crude oil...

On CNBC's "Options Action," Tony Zhang said there were “sizable bullish bets” for the Financial Select Sector SPDR Fund (NYSE: XLF) on Wednesday. The bets were for the January expiration and came on an otherwise very quiet day due to the holidays, Zhang said. ...

All eyes have been on vaccine stocks, including Pfizer Inc. (NYSE: PFE), AstraZeneca PLC (NASDAQ: AZN) and Moderna Inc (NASDAQ: MRNA), with the rapid spread of the Omicron variant. One trader is betting on a sharp turnaround in Moderna’s stock, which has lost almost 12% since Thursday last...

On CNBC's "Options Action: The Final Call," Carter Braxton Worth said healthcare is “the place to be” and named Health Care Select Sector SPDR Fund (NYSEARCA: XLV) as the “vehicle to do it.” The fund has added more than 22% year-to-date, but closed lower by...

Shares of Vir Biotechnology Inc (NASDAQ: VIR) jumped over 12% after the company Wednesday shared promising data from the preclinical trials of its COVID-19 antibody treatment. On CNBC's "Options Action," Tony Zhang of OptionsPlay said Vir Biotechnology was very active on...

On CNBC's "Options Action: The Final Call," Carter Braxton Worth said Centene Corp (NYSE: 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...

On CNBC's "Options Action," Carter Worth said it was a big week for Apple Inc (NASDAQ: AAPL). While Amazon.com Inc (NASDAQ: AMZN), Alphabet Inc (NASDAQ: GOOGL) and Microsoft Corp (NASDAQ: MSFT) were down on the week, Apple’s stock rose about 2.7%. Apple has outperformed the...

On CNBC's "Options Action," Tony Zhang said Intel Corp (NASDAQ: INTC) traded actively on Wednesday, with 146,000 contracts traded, approximately 1.5 times the average daily volume. Intel is gearing up for its earnings release Thursday after the bell. What is particularly...

On CNBC's "Options Action," Tony Zhang said there was massive trading in Financial Select Sector SPDR Fund (NYSE: XLF), the ETF that tracks the financial sector. The trading volume was 1.4 times the average daily trading volume, with 250 million contracts being traded. He pointed out...

On CNBC's "Options Action," Tony Zhang of OptionsPlay said he sees some weakness in IBM Common Stock (NYSE: IBM) and some industries within the tech space. He said IBM is a weak stock in a weak industry and he wants to use options to make a bearish bet. The company reports earnings on...

Tony Zhang of OptionsPlay spoke on CNBC's "Options Action" about Northrop Grumman Corporation (NYSE: NOC). He said the stock has broken below some major support levels and there could be further downside. To make a bearish bet, Zhang wants to sell the October $350 call and buy the...