Bloomberg Markets

Steve Sosnick of Interactive Brokers suggested on Bloomberg Markets a bearish options strategy in Kraft Heinz Co (NASDAQ: KHC). He thinks it works well both as a hedge and a speculation. The stock has been underperforming the market in the last two years and Sosnick wants to buy the October 55 puts...

Scott Bauer, the CEO of Prosper Trading, said on Bloomberg Markets that he likes Alibaba Group Holding Ltd (NYSE: BABA). To make a bullish bet, he wants to buy the October 175/180 call spread for $1.25. The trade breaks even at $176.25 or around 7.3 percent above the current stock price. It can...

Kevin Kelly of Benchmark Investments spoke on Bloomberg Markets about a bullish options strategy in Crown Castle (NYSE: CCI). He noticed the implied volatility in the name is elevated and that the CEO was buying the company's shares last month. Kelly wants to capitalize on the increased...

Speaking on Bloomberg Markets, Mark Sebastian of Options Pit suggested a bullish options strategy in Paypal Holdings Inc (NASDAQ: PYPL). Sebastian wants to buy the October 95 calls for $1.85. The trade breaks even at $96.85 or 4.90 percent above the current stock price.

Kevin Kelly of Benchmark Investments spoke on Bloomberg Markets about a bullish options strategy in Advanced Micro Devices, Inc. (NASDAQ: AMD). He's bullish because he expects to see a strong demand for EPYC, AMD's server processor for data centers. He wants to buy the February 24/35...

Speaking on Bloomberg Markets, Jim Strugger of MKM Partners recommended two options strategies in Lululemon Athletica inc. (NASDAQ: LULU), which is going to report earnings on Thursday after the close. To make a bullish trade, Strugger wants to buy the October 145/155 call spread for $3. The trade...

Alon Rosin of Oppenheimer suggested on Bloomberg Markets that investors should consider using options to trade Autodesk, Inc. (NASDAQ: ADSK) and Salesforce.com, inc. (NYSE: CRM). These stocks have Outperform ratings at Oppenheimer, so Rosin wants to get a long exposure. He wants to sell the 125...

Speaking on Bloomberg Markets, Jim Strugger suggested an options strategy in Guess?, Inc. (NYSE: GES) ahead of the earnings results next week. He wants to buy a 1x0.5 ratio strangle. Specifically, he wants to buy the September 26 call for 80 cents and the September 21 put in a ration 1 to 0.5. The...

Interactive Brokers' chief options strategist, Steve Sosnick, spoke on Bloomberg Markets about an options trading strategy in Boeing Co (NYSE: BA). He thinks the stock is starting to form a topping pattern and he wants to sell the September 320 put and buy the October 320 put for $2.25. To make...

Kevin Kelly of Benchmark Investments spoke on Bloomberg Markets about a bullish options trade in JD.Com Inc(ADR) (NASDAQ: JD). He sees the company as the Walmart Inc (NYSE: WMT) of China. To make a bullish bet, Kelly wants to buy the January 2020, 37 strike call for $8.50 and sell the January 2020...