"I'd like to keep it simple here and just put an options trade to work in the XLC to capture an upside move," he said.
To do that, Gordon is buying an in-the-money call that allows him to buy the XLC ETF at the strike price before expiration. He is purchasing the $49 call with November 15 expiration for $1.85 per option.
TradingNation I am also up for Secretary of Treasury if Mnuchin ever does not want the job
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS CEO: Investment banking industry faces a 'permanent challenge'UBS took a hit in its Q3 earnings this morning with the biggest drop coming from its investment banking unit amid what CEO Sergio Ermotti called a “challenging environment.'
Source: CNBC - 🏆 12. / 72 Read more »
Boeing set to report earnings before the bell amid 737 Max crisisBoeing is expected to report third-quarter earnings before the market opens on Wednesday. I don’t want to go here. Too many people are dead now do to the Boeing 737 Max. President Trump? The last one out of all the Countries to ban them. Seems our pissodent didn’t care if the Americans crashed.
Source: CNBC - 🏆 12. / 72 Read more »
Blackstone third-quarter earnings drop less than expectedBlackstone Group Inc , the world's largest manager of alternative assets su... As they should along with the others travelling to a country that authorized the murder of a journalist.
Source: Reuters - 🏆 2. / 97 Read more »