Market Overview

Carter Worth And Mike Khouw's TLT Trade


Carter Worth spoke on CNBC's "Options Action" about iShares Barclays 20+ Year Treasury Bond (NASDAQ: TLT). He noticed on the chart that the stock has completed its inverse head and shoulders pattern and its bullish cup and handle pattern and he expects to see a pullback.

Mike Khouw suggested a purchase of the August 130 puts for $2 as a way to make a bearish bet. The trade breaks even at $128 or 2.9 percent lower.

Posted-In: Carter Worth CNBC Mike Khouw Options ActionOptions Markets Media ETFs


Related Articles (TLT)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial

The Week In Cannabis: Earnings Madness, Illinois Legalization, FDA Hearing, And More

IPO Outlook For The Week: E-Commerce And Online Education