Skip to main content

Market Overview

David Bartosiak's Deutsche Bank Trade

Share:

Speaking on Bloomberg Markets, David Bartosiak of Zacks.com said that European banks are a bigger problem than they were a few weeks ago. He explained that rising yields for convertible bonds of European banks could be a problem.

Bartosiak suggested that traders should consider a bearish options strategy in Deutsche Bank AG (USA) (NYSE: DB) as a way to make a bearish bet on the European banks. He wants to sell the March 16 call for $1.95 and buy the March 18 call for $0.90.

The trade breaks even at $17.05 and if the stock trades below $16, he is going to make a profit of $1.05. Above $17.05, he starts to lose money and he can maximally lose $0.95.

 

Related Articles (DB)

View Comments and Join the Discussion!

Posted-In: Bloomberg Markets David Bartosiak Zacks.comOptions Markets Media

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.
SPAC
Everything you need to know about the latest SPAC news.
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 vipaccounts@benzinga.com