Dan Deming's iShares Emerging Markets ETF Trade

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Speaking on Bloomberg Markets, Dan Deming of KKM Financial suggested a bullish options strategy in iShares MSCI Emerging Markets Indx (ETF) EEM.

He explained that the stock has been performing well recently due to weakness in the U.S. dollar and expansion in the emerging market countries. To make a bullish bet, Deming wants to buy the July 41/43.50 call spread for $0.84. The trade breaks even at $41.84 or 1.48 percent above the current stock price. It can maximally make a profit of $1.66.

Posted In: Emerging Market ETFsOptionsMarketsMediaETFsBloomberg MarketsDan Deming
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