The “Options Action” traders share three options trading strategies to kick off the week.
MikeKhouw and Carter Worth recommend a put spread in the Retail ETF
Dan Nathan recommends a put strategy in the Consumer Staples ETF
Mike Khouw recommends a put spread in Tesla
Trader disclosure: Dan Nathan is long XLF OCT put spread. Long SMH Nov put spread. Long INTC sept nov call spread. Long EA Nov risk reversal. Long Box Jan risk reversal. Mike Khouwis long S&P, HAL. Bearish on TSLA.