Todd Gordon's iShares Russell 2000 Index ETF Options Trade


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Todd Gordon recommended on CNBC's Trading Nation a bearish options strategy in iShares Russell 2000 Index (ETF) (NYSE:IWM).

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He thinks that the stock is going to test its technical support at $128 and he wants to use options to make a bearish bet. Gordon wants to buy the April 132 put and sell the April 128 put for a total cost of $1.25. The trade breaks even at $130.75 and it can make a maximal profit of $2.75. If the premium drops to $0.62, Gordon is going to close the position.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: CNBCOptionsMarketsMediaETFsTodd GordonTrading Nation