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Kevin Kelly's Hilton Hotels Trade

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Kevin Kelly of Benchmark Investments suggested on Bloomberg Markets a bullish options strategy in Hilton Hotels Corporation (NYSE: HLT).

He wants to buy the January 77.50/85 call spread for $3.20. The trade breaks even at $80.70 or 5.42 percent above the current stock price. The expiration covers the next earnings season and the next GDP report, which could push the stock higher, said Kelly.

 

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Posted-In: Bloomberg Markets Kevin KellyOptions Markets Media