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Carter Worth And Mike Khouw's iShares Russell 2000 Index ETF Trade

June 11, 2017: 03:08 PM ET

On CNBC's "Options Action", Carter Worth shared with the viewers his technical analysis of iShares Russell 2000 Index (ETF) (NYSE: IWM). He said the stock had a long period of consolidation and he believes it could break out on the upside. He thinks it would be a good idea to get a long position in the name.

Mike Khouw suggested an options strategy that would make money in case the stock moves higher. He wants to buy the September 143 call for $4. The trade breaks even at $147 or 3.81 percent above the current stock price.

Related ETF Content:

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Index Last Change % Change
Dow 21,397.29 -12.74 -0.06%
Nasdaq 6,236.69 2.73 0.04%
S&P 500 2,434.50 -1.11 -0.05%
Treasuries 2.15 -0.00 -0.09%
Data as of 1:51am ET
Company Price Change % Change
Advanced Micro Devic... 14.38 0.40 2.86%
Bank of America Corp... 22.93 -0.20 -0.86%
Oracle Corp 50.30 3.97 8.57%
General Electric Co 27.55 -0.23 -0.83%
Chesapeake Energy Co... 4.50 -0.02 -0.44%
Data as of Jun 22

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