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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. (NASDAQ: 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: Bloomberg Markets Jim StruggerOptions Markets Media