Alan Knuckman's Bullish Morgan Stanley Trade

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Agora Financial's Alan Knuckman spoke on Bloomberg Markets about a bullish options trade in Morgan Stanley 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.

Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In: OptionsMarketsMediaAlan KnuckmanBloomberg Markets
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