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Chris Kettenmann's Energy ETF Trade

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Chris Kettenmann of Marco Risk Advisors spoke on Bloomberg Markets about a bearish options strategy in Energy Select Sector SPDR (ETF) (NYSE: XLE).

He thinks crude oil is going to trade lower in the long term and he wants to use a risk reversal options strategy in Energy Select Sector SPDR (ETF) to make a bearish bet. Kettenmann wants to sell the March 65 calls and buy the December 60 puts for a total cost of 43 cents.

Posted-In: Bloomberg Markets Chris KettenmannSector ETFs Options Markets Media ETFs

 

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