On CNBC's "The Final Call," Carter Worth said, “It’s tempting to see the market oversold.” However, he mentioned that he would resist the temptation and “anticipate lower prices.”

Check out other stocks making moves in the premarket.

Mike Khouw said that a protective call was “not a bad play” against an overall portfolio. He added, “If you’re thinking about making long bets, you don’t have to do so in a linear fashion.”

Also Read: 'Big Short' Investor Michael Burry Says White-Collar Jobs Bubble 'Bursting Right Before Our Eyes'