Todd Gordon of TradingAnalysis.com recommended on CNBC's "Trading Nation" a bullish options strategy in United Technologies Corporation UTX.
He explained that the stock is trading close to its 2015 highs and he believes that it's going to break out on the upside and reach $125.
To make a bullish bet, Gordon wants to buy the July 120/125 call spread for $2.20. The trade breaks even at $122.20 or 0.29 percent above the current stock price. If the stock jumps 2.59 percent and closes at $125 at the July expiration, the trade is going to reach its maximal profit of $2.80.
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