Options Action 9/15/23
Summary
CNBC's Options Action analyzes the energy sector's surge, suggesting traders fade oil and hedge airline stocks like JETS with call spreads. The panel discusses the UAW strike's impact on auto stocks, recommending a put spread hedge for CarMax. They also evaluate a new zero-day-to-expiration ETF, debate volatility risks in the semiconductor sector, and propose an iron condor strategy for FedEx ahead of earnings.
Topics discussed
Sponsors: Discover, California Closets, TD Ameritrade
Show intro and segment previews
Oil price analysis and airline sector outlook
Trading strategy for JETS ETF bounce
UAW strike impact and CarMax hedging trade
Promos and preview of 0DTE ETF discussion
Interview on 0DTE ETF risks and benefits
Volatility outlook and portfolio protection
FedEx earnings preview and iron condor trade
Listener Q&A on Eli Lilly, Toast, and Energy
Final calls and show outro
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