Go Short To Play The Downturn, These Experts Say

On CNBC’s “The Final Call,” Carter Worth of Carter Braxton Worth Charting recommended that traders reduce some exposure if they had opened long positions and use the money to go short.

Check out stocks making moves in the premarket.

Brian Stutland of Equity Armor Investments said traders looking to get short exposure should buy the put spread in Walt Disney Co. DIS and “play it to the downside.” Shares of Walt Disney have lost almost 40% year to date.

Mike Khouw of Optimize Advisors recommended to buy Home Depot Inc. HD into earnings. Home Depot’s stock has lost more than 23% year to date.

Photo via Shutterstock.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In: Long IdeasShort IdeasOptionsTop StoriesMarketsMediaTrading IdeasBrian StutlandCarter Braxton Worth ChartingCarter WorthCNBCEquity Armor InvestmentsMike KhouwOptimize Advisors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...