Three options strategies for the week: July 15, 2019

The Final Call: XLE and NFLX
VIDEO1:1901:19
The Final Call: XLE and NFLX

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. 

Disclosure

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.