Bet on this one sector during third-quarter earnings season, trader says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Bet on this one sector this earnings season, trader says (via TradingNation)

"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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria 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 »