Market Overview

Christian Fromhertz's iShares MSCI Emerging Markets Index Trade

Share:

Christian Fromhertz, the CEO of Tribeca Trade Group, spoke on Bloomberg Markets about a bullish options trade in iShares MSCI Emerging Markets Index (NYSE: EEM).

He thinks the stock has just started to bottom and it is trying to get above its 50-day moving average. There was one move above the 50-day moving average in November, but it was a fake break out. Fromhertz thinks this time it looks more genuine. To make a bullish trade he wants to buy the January 2020, 43-strike call options.

Posted-In: Bloomberg Markets Christian FromhertzOptions Markets Media

 

Related Articles (EEM)

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

Jim Cramer Advises His Viewers On Brink's, Medtronic And More

Dan Nathan Sees Unusual Options Activity In Facebook