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Mike Khouw's Viacom (VIA.B) Trade

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On CNBC's Options Action, Mike Khouw suggested that investors should consider an options strategy in Viacom, Inc. (NYSE: VIA.B). This trade is suitable for those who want to hang on to their shares to the end of the year, and protect its gains.

Mike Khouw would sell the January 49 call for $1.30, and buy the January 45 put for $2.70. He would also sell the January 40 put for $1.15. This trade would cost him $0.25, and he would get protection at $44.75.

Viacom, Inc. (VIA.B) fell 0.69% today, and it closed at $44.69.

Posted-In: CNBC Mike KhouwShort Ideas Media Trading Ideas

 

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