CNBC Options Action July 12, 2024
And carters charting was an itb. Do those charts look at dire as its provided quite a bit of defense. Xhb has only been down about 4 this week, actually up significantly today while the markets were flat. So im not as bearish here on this particular sector but i do like mikes trade here. Because even if the sector drifts sideways, as mike says, he can actually still remain neutral on the sidelines with this particular trade. I like the strike prices too the fact that he bought the 50 strike price, thats slightly out of the money that means that hes risking less capital on that january 50 put. ...