Kevin Kelly's Bullish Health Care ETF Trade

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Kevin Kelly of Recon Capital Partners spoke on Bloomberg Markets about a bullish options trade in Health Care SPDR (ETF) XLV.

He sees a lot of strength in the sector and he wants to buy the August 81 call for $1.15, to make a bet that the ETF is going to continue to move higher. The trade breaks even at $82.15 or 2.09 percent above the current stock price.

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Posted In: OptionsMarketsMediaETFsBloomberg MarketsKevin Kelly
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