Jim Strugger's Financial ETF Trade


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Jim Strugger of MKM Holdings recommended on Bloomberg Markets a bullish options trade in Financial Select Sector SPDR Fund (NYSE:XLF).

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He thinks that the financials could trade higher after the earnings and he wants to buy the October 26 call for 44 cents in Financial Select Sector SPDR Fund to make a bullish trade. The trade breaks even at $26.44 or 5.68 percent above the closing price on Monday.


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: OptionsMarketsMediaETFsBloomberg MarketsJim Strugger