Market Overview

Todd Gordon's Emerging Markets ETF Options Trade

Related EEM
Ameriprise Financial, Freeport-McMoRan, Snap: 'Fast Money' Picks For May 31
Dan Nathan Sees Unusual Options Activity In EEM
Investors Continue To Be Net Purchasers Of Bond Funds And ETFs In May (Seeking Alpha)

Todd Gordon of spoke on CNBC's "Trading Nation" about an options trade in iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM).

He expects the stock to break out on the upside and he thinks it could reach $50. To make a bullish trade, he wants to buy the February 48/50 call spread for $0.72. The trade breaks even at $48.72 or 1.48 percent above the current market price. Its maximal profit is $1.28 and it can be achieved if the stock jumps to $50 or higher. Gordon wants to place a stop loss at 50 percent of the premium value.

Posted-In: CNBC Todd Gordon Trading NationEmerging Market ETFs Options Markets Media ETFs


Related Articles (EEM)

View Comments and Join the Discussion!