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.
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