Market Overview

Alan Knuckman's Bullish Morgan Stanley Trade


Agora Financial's Alan Knuckman spoke on Bloomberg Markets about a bullish options trade in Morgan Stanley (NYSE: MS).

He wants to buy the June 35 call for $7. The option is $4.60 in the money and the trade breaks even at $42 or 6.06 percent above the current market price. Knuckman thinks the banks might bounce because they made new lows, but they didn't make new highs in the volatility.

Posted-In: Alan Knuckman Bloomberg MarketsOptions Markets Media


Related Articles (MS)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Boeing, CBS, Oracle, Target: 'Fast Money' Picks For December 18

Carter Worth's Goldman Sachs Options Trade