Michael Khouw

Shares of LYFT Inc (NASDAQ: LYFT) crashed on Wednesday, even as the company reported better-than-expected first-quarter results. The stock tanked almost 30% on disappointing guidance. On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Lyft traded 12 times its...

Shares of Uber Technologies Inc (NYSE: UBER) fell close to 5% on Wednesday after the company reported its first-quarter print. On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Uber traded well over four times its average daily call volume. There was a...

Don’t miss High Frequency Friday September 19 on Benzinga’s #PreMarket Prep broadcast, sponsored by Charles Schwab. HFT Friday is a special segment featuring the industry’s foremost experts on the topics of maker/taker pricing model, order types, colocation, canceling or...

CNBC's Option Action Michael Khouw recommends an options strategy against a long position in Freeport-McMoRan (NYSE: FCX). He wants to sell one May 85 call for $3.60. Freeport-McMoRan (FCX) closed on Friday at $80.71 and if it rallies above $88.60 you will have to sell the stock. If you don't get...