With a slew of tech names on deck to report earnings next week, Mike Khouw is keeping a close eye on activity in the space. What does he make of it?
If you're bullish tech Mike Khouw suggests an options trade in the XLK .
Get all the details. Watch the video now!
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Trader disclosure: On January 12, 2010, following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Terranova owns (GM); Terranova owns (C); Terranova owns (VRTS); Terranova owns (UPL); Terranova owns (PEP); Terranova owns (OXY); Terranova owns (GS); Terranova owns (LTD); Terranova owns (CNQ); Terranova owns (PVH); Terranova owns (CVI); Terranova owns (GLD) puts; Adami owns (AGU); Adami owns (C); Adami owns (BTU); Adami owns (GS); Adami owns (INTC); Adami owns (MSFT); Adami owns (NUE); Adami's wife works at (MRK); Finerman's firm is short (MDY); Finerman's firm is short (SPY); Finerman's firm is short (IWM); Finerman's firm is long S&P puts; Finerman's firm is long Russell 2000 puts; Finerman owns (AAPL); Finerman owns (BAC); Finerman's firm owns (BBY); Finerman owns (BP); Finerman's firm owns (BP); Finerman's owns (GOOG); Finerman owns (HPQ); Finerman's firm owns (HPQ); Finerman's firm owns (IBM); Finerman owns (JPM) and (JPM) leaps; Finerman's firm owns (JPM) and (JPM) leaps; Finerman owns (MSFT); Finerman's firm owns (MSFT); Finerman's firm owns (TGT); Finerman's firm owns (WMT)
For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (LPHI)
Virtus Investment Partners Owns More Than 1% Of (NCRI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (SUBK)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of (CLB)
For Brian Kelly
Accounts Managed By Kanundrum Capital Own (FCX)
Accounts Managed By Kanundrum Capital Own (GDXJ) straddles
Accounts Managed By Kanundrum Capital Own (GLD)
Accounts Managed By Kanundrum Capital Own (TBT)
Accounts Managed By Kanundrum Capital Own (MON)
Accounts Managed By Kanundrum Capital Own (IPI)
Accounts Managed By Kanundrum Capital Own (ANDE)
Accounts Managed By Kanundrum Capital Own (USD)
Accounts Managed By Kanundrum Capital Are Short The Euro
Accounts Managed By Kanundrum Capital Are Short The Yen
For Joshua Brown
Brown owns (AAPL)
Brown owns (AAPL) for clients
Brown owns (AMZN) for clients
Brown owns (BAC)
Brown owns (BAC) for clients
Brown owns (BP) for clients
Brown owns (C)
Brown owns (C) for clients
Brown owns (DBA)
Brown owns (DBA) for clients
Brown owns (DIS) for clients
Brown owns (GE) for clients
Brown owns (GS) for clients
Brown owns (GLD)
Brown owns (GLD) for clients
Brown owns (GOOG) for clients
Brown owns (IWM) for clients
Brown owns (JNJ) for clients
Brown owns (JPM)
Brown owns (JPM) for clients
Brown owns (MOO)
Brown owns (MOO) for clients
Brown owns (MOS)
Brown owns (MOS) for clients
Brown owns (MSFT)
Brown owns (MSFT) for clients
Brown owns (POT)
Brown owns (QCOM)
Brown owns (QCOM) for clients
Brown owns (SBNY)
Brown owns (VZ)
Brown owns (VZ) for clients
Brown owns (WFC)
Brown owns (WFC) for clients
Brown owns (XOM) for clients
For Anthony Scaramucci
Scaramucci and Skybridge Capital Own (GS)
For Dennis Gartman
Dennis Gartman is long March KC Wheat
Dennis Gartman is long soybeans
Dennis Gartman is short the Yen
Dennis Gartman is long the Canadian Dollar
Dennis Gartman is long the Aussie Ddcollar
Dennis Gartman is long gold, short sterling
Dennis Gartman is short the Euro
For Steve Cortes
Cortes is long U.S. Treasuries
For Mike Khouw
Cantor Fitzgerald & Co is a market maker in (GOOG), (AAPL), (IBM)
For Brian Kelly Fast Fire SOT
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