Market Overview

Todd Gordon's iShares Russell 2000 Index ETF Trade


On CNBC's Trading Nation, Todd Gordon spoke about a bullish options strategy in iShares Russell 2000 Index (ETF) (NYSE: IWM).

He explained that since 1990, the market traded higher in December in 75 percent of the time. The current uptrend makes him even more confident that the market could trade higher into the year end.

To make a bullish bet in iShares Russell 2000 Index (ETF), Gordon wants to buy the January 135/140 call spread for $1.40. The trade can maximally make a profit of $3.60 and it breaks even at $136.40.

If the premium paid goes down to $0.70, Gordon is going to close the trade.

Posted-In: CNBC Todd Gordon Trading NationOptions Markets Media


Related Articles (IWM)

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

HSBC Is Bullish On Goldman Sachs, Neutral On Morgan Stanley

Apparel Stocks Outperforming Today: Everything You Need To Know