Market Overview

Matthew Rowe's SPDR S&P 500 ETF Trust Trade

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Headwaters Volatility's Matthew Rowe spoke on Bloomberg Markets about an options trade in SPDR S&P 500 ETF Trust (NYSE: SPY).

He wants to buy the May 17, 300-strike call and hedge it with a short stock position. It is a market neutral way of betting on the implied move of the stock market, explained Rowe.

Posted-In: Bloomberg Markets Matthew RoweBroad U.S. Equity ETFs Options Markets Media ETFs

 

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