Todd Gordon Is Bullish On The Coca-Cola Co

On CNBC's Trading Nation, Todd Gordon of TradingAnalysis.com spoke about The Coca-Cola Co KO. He showed a chart of the stock which shows that it is trading close to its 52 week high and he explained that The Coca-Cola Co looks like it is going to break out above $44. To make a bullish bet Gordon suggested a bullish options strategy in The Coca-Cola Co. He would buy the January 44 / 46 call spread for $0.50. The break even for the trade is $44.50 and his maximal profit is $1.50, if the stock trades to $46.