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Options Action Traders Share Their Picks For March 27

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On CNBC's Options Action, Steve Grasso said he would stay long the market because it's going to trade much higher from its current levels.

David Seaburg wants to close his long position in KBW Nasdaq Bank Index (INDEX:BKX). He opened the long position on Tuesday and he is going to take profits on Monday.

Mike Khouw thinks it would be a good idea to sell the June 47.50 puts in Halliburton Company (NYSE: HAL).

Dan Nathan wants to use options to take a short position in SPDR S&P 500 ETF Trust (NYSE: SPY) and a long position in iShares Barclays 20+ Yr Treas.Bond (ETF) (NASDAQ: TLT).

Guy Adami is a buyer of iShares Barclays 20+ Yr Treas.Bond (ETF).

 

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Posted-In: CNBC David Seaburg Guy Adami Mike KhouwOptions Markets Media Trading Ideas