Market Overview

Carter Worth And Mike Khouw's JETS Trade

Carter Worth And Mike Khouw's JETS Trade

On CNBC's "Options Action," Carter Worth spoke about a bullish trade in US Global Jets ETF (NYSE: JETS).

He wouldn't invest in the airline sector, but he sees some bullish signs to bet on a move higher. The airlines are among the sectors that have been hit the most by the pandemic and there is still a lot of bad news, but they managed to hold above their March lows, so Worth wants to buy the stock, just as a trade.

To make a bullish bet in JETS, Khouw wants to sell the November $15 put, buy the November $17 call and sell the November $20 call for a zero net premium. With the trade, he can make $3, if the stock jumps to $20 or higher. If it trades below $15, Khouw is going to have to buy it at that price.


Related Articles (JETS)

View Comments and Join the Discussion!

Posted-In: Carter Worth CNBC Mike KhouwSector ETFs Options Markets Media ETFs

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at