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Todd Gordon's Emerging Markets ETF Options Trade

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Todd Gordon of TradingAnalysis.com 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

 

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