Brian Stutland, contributor to CNBC’s Options Action shown on Fridays, is bullish on the emerging market. Specifically, he likes ishares MSCI-EMF (EEM) and recommend selling existing stocks position and buy the risk reversal (Buy Jan12 50 call at $2.7 and sell Jan12 35 put @2.85), collecting 15 cents and willing to long the stocks at 35.
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Are option traders expecting a major sell off in June? $VIX had been smashed today prior to last 30 minutes of trading and then $SPY puts found a bid. #EAVOL https://t.co/dpBynvQkB7
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Brian Stutland