Bloomberg Markets

Chris Kettenmann of Macro Risk Advisors shared with the viewers of Bloomberg Markets his bearish options strategy in Energy Select Sector SPDR (ETF) (NYSE: XLE). He wants to sell the January 2018, 68 strike call and buy the October 62 put for a total credit of 59 cents. If the stock stays below $68...

On Bloomberg Markets, Dan Deming of KKM Financial suggested that traders should consider an options strategy in Microsoft Corporation (NASDAQ: MSFT), ahead of earnings results. The company is going to report earnings on Thursday and Deming wants to sell the July 74.50 call and buy the August 74.50...

Speaking on Bloomberg Markets, Jim Strugger suggested that investors should consider a bullish options strategy in Nucor Corporation (NYSE: NUE) and United States Steel Corporation (NYSE: X). He said that the steel stocks traded higher on the news that President Trump may introduce tariffs and...

Steve Sosnick, the chief options strategist at Interactive Brokers, recommended on Bloomberg Markets a bearish options strategy in Morgan Stanley (NYSE: MS). He would use it as a hedge for a long stock position or as a bearish bet. Sosnick wants to buy the September 44.50/43.50 put spread for 35...

Speaking on Bloomberg Markets, Pravit Chintawongvanich of Macro Risk Advisors spoke about an options strategy in PowerShares DB Agriculture Fund (NYSE: DBA). He explained that the ETF tracks 10 agriculture products which have a very low correlation and as a result the ETF doesn't move too much...

Alon Rosin of Oppenheimer & Co. said on Bloomberg Markets that investors should consider a bearish options strategy in SPDR S&P 500 ETF Trust (NYSE: SPY). He wants to buy the 1 to 1.5 put spread ratio. Specifically, he wants to buy the September 235 put and sell 1.5 September 220 put for a...

Speaking on Bloomberg Markets, Kevin Kelly of Recon Capital Partners shared with the viewers his bearish options strategy in Energy Select Sector SPDR (ETF) (NYSE: XLE). Kelly wants to buy the December 64/56 put spread for $2.40. The trade breaks even at $61.60 or 4.60 percent below the current...

Jim Strugger of MKM Holdings recommended on Bloomberg Markets a bullish options trade in Financial Select Sector SPDR Fund (NYSE: XLF). He thinks that the financials could trade higher after the earnings and he wants to buy the October 26 call for 44 cents in Financial Select Sector SPDR Fund to...

Kevin Kelly of Recon Capital Partners spoke on Bloomberg Markets about a bullish options strategy in Technology Select Sector SPDR Fund (NYSE: XLK). Kelly suggested that investors should consider a risk reversal strategy in the name and they can use it as a stock replacement strategy or a way to...

Speaking on Bloomberg Markets, Dan Deming of KKM Financial suggested that traders should consider a bearish options trade in Energy Select Sector SPDR (ETF) (NYSE: XLE). The stock has been performing poorly recently and Deming thinks that there is more room on the downside. He added that the stock...