Todd Gordon Is Bullish On The Coca-Cola Co

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On CNBC's Trading Nation
, Todd Gordon of TradingAnalysis.com spoke about
The Coca-Cola CoKO
. He showed a chart of the stock which shows that it is trading close to its 52 week high and he explained that
The Coca-Cola Co
looks like it is going to break out above $44. To make a bullish bet Gordon suggested a bullish options strategy in
The Coca-Cola Co
. He would buy the January 44 / 46 call spread for $0.50. The break even for the trade is $44.50 and his maximal profit is $1.50, if the stock trades to $46.
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Posted In: CNBCMediaTodd GordonTrading Nation
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