Options strategies for the week: July 16

The Final Call: NFLX & GE
VIDEO0:4000:40
The Final Call: NFLX & GE

The "Options Action" traders share two options trading strategies to kick off the week.

Carter Worth And Mike Khouw think Netflix is heading lower.

Mike Khouw and Guy Adami recommend a put option in General Electric.

Trader disclosure: On July 13, 2018, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Options Action" were owned by the "Options Action" traders: Guy Adami is long CELG, EXAS, GDX, INTC. Guy Adami’s wife, Linda Snow, works at Merck.