The "Options Action" traders share three options trading strategies to kick off the week.
Dan Nathan broke down a call calendar in Netflix.
Mike Khouw illustrated call buying in the Energy ETF.
Mike Khouw and Guy Adami teamed up to look at a call spread risk reversal in Twitter.
Trader disclosure: Dan is Long EA July / Sept call calendar; DIS July / Sept call calendar; XHB Sept put spread; TLT Sept call spread; MSFT, SBUX & PG August put spreads. Guy Adami is long CELG, EXAS, GDX, INTC. Guy Adami's wife, Linda Snow, works at Merck.