Jim Strugger's Electronic Arts Trade

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Jim Strugger, MKM Holdings derivatives strategist, spoke on Bloomberg Markets about a bullish options trade in Electronic Arts Inc. EA.

The company is going to report earnings on January 30 and Strugger wants to sell the March 105 put and buy the March 125 call in the name for $1.20. He's going to make money if the stock trades above $126.20 at the March expiration.

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Posted In: OptionsMarketsMediaBloomberg MarketsJim Strugger
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