Michael C. Khouw is managing director and primary strategist at DASH Financial.
He was formerly managing director and head of equity derivatives at CRT Capital Group. Prior to joining CRT, Khouw was a director and senior derivatives trader at Cantor Fitzgerald and manager of the US Listed Equity Derivatives Desk.
Khouw also worked as an equity analyst at Ivory Capital, a hedge fund based in Los Angeles and as an options trader for Bluefin Trading, a proprietary trading firm based in New York.
He is a former member of the New York Mercantile Exchange, the American Stock Exchange and the Philadelphia Stock Exchange. Khouw holds a B.A. from Tufts University.
Follow Michael Khouw on Twitter @Michael_Khouw.
One is a major oil company, the other is a social media giant. One has a P/E below 10, and the other has a P/E above 120. One has risen almost 20% in the past three months, and the other has plunged almost 30%. But these two companies have at least one thing in common: On Friday the traders on CNBC's “Options Action” see them heading higher.
When Fed Chairman Bernanke unveiled a new round of qualitative easing last week, it sure made the "Options Action" traders optimistic. At least, that’s the way it seemed on Friday’s show, when they presented two bullish trades — one on Apple, and another on Wells Fargo.
Time to get bullish? The "Options Action" traders sure seemed to think so. After all, on Friday’s show, they explained why they expect two very different stocks to go higher — Apple and Bank of America.
One is a much-maligned social media company, and the other is a Dow stalwart. Their common thread? The traders on Friday’s ‘Options Action’ foresee both stocks heading higher. Let’s check out the bull calls on Facebook and Boeing.
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Mike Khouw, Options Action trader, shares his view on News Corp stock on the heels of testimony from Rupert Murdoch before British Parliament.
Do you have a question for the Options Action team? Options Action selects a viewer's question and gives the answer on the show's Make The Call Web Extra video.