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Carter Worth And Mike Khouw's iShares Russell 2000 Index ETF Trade

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On CNBC's "Options Action", Carter Worth shared with the viewers his technical analysis of iShares Russell 2000 Index (ETF) (NYSE: IWM). He said the stock had a long period of consolidation and he believes it could break out on the upside. He thinks it would be a good idea to get a long position in the name.

Mike Khouw suggested an options strategy that would make money in case the stock moves higher. He wants to buy the September 143 call for $4. The trade breaks even at $147 or 3.81 percent above the current stock price.

 

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Posted-In: Carter Worth CNBC Mike Khouw Options ActionMedia ETFs