Carter Worth And Mike Khouw's Potash Corporation Of Saskatchewan (USA) Trade

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Carter Worth spoke on
CNBC's "Options Action"
about food commodities, and he said that the segment is underperforming
raw industrial materials
. He thinks food commodities are eventually going to catch up, and he suggested traders consider getting a long exposure.

Mike Khouw believes it would be a good idea to sell the January 18 puts in Potash Corporation of Saskatchewan (USA) POT for $0.75. The trade breaks even at $17.25 or 4.54 percent lower, and Khouw is going to collect the whole premium if Potash Corporation trades above $18 at the January expiration.

Posted In: CNBCLong IdeasCommoditiesOptionsMarketsMediaTrading IdeasCarter WorthFood CommoditiesMike KhouwOptions Actionraw materials
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