Kevin Kelly's Nasdaq 100 Trade

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Speaking on Bloomberg Markets, Kevin Kelly of Recon Capital Partners said that investors should consider an options strategy in NASDAQ 100 NDX as a way to trade the cash repatriation, which is one of the main topics of the Presidential election.

Kelly wants to buy the January 4,800/5,100 call spread in NASDAQ 100 for $105. The trade breaks even at 4,905 or 2 percent higher and it can maximally make a profit of $195.

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Posted In: CNBCMediaBloomberg MarketsKevin Kelly
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