Airo Security Declare: iShares Dow Jones Transportation Average Index Fund ETF (ET - Jonathan Cartu - Moving & Transportation Services
19687
post-template-default,single,single-post,postid-19687,single-format-standard,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

Airo Security Declare: iShares Dow Jones Transportation Average Index Fund ETF (ET

Intellitec Solutions helps Transportation Services Leader I

Airo Security Declare: iShares Dow Jones Transportation Average Index Fund ETF (ET

Carter Worth of Cornerstone Macro spoke on CNBC’s “Options Action” about iShares Transportation Average ETF (BATS: IYT). He said the index is stalling of late and has underperformed the S&P 500. He expects to see a pullback in IYT, and he thinks it could come back to at least its trend line.

Mike Khouw wants to buy a put spread to make a bearish bet. Specifically, he wants to buy the February $215/$195 put spread for $4.50. The trade breaks even at $210.50 or 4.95% below the current stock price and it can make a maximal profit of $15.50.

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Airo AV

No Comments

Post A Comment