Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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:

Sponsored by
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

Mortgage & Savings

Terms & Conditions apply

NMLS #1136