The “Options Action” traders share three options trading strategies to kick off the week.
Dan Nathan outlined a put spread in Cisco.
Mike Khouw and Carter Worth illustrated call buying in Walmart.
Mike Khouw also broke down a straddle trade the 20+ Year Treasury ETF.
Trader disclosure: Dan Nathan is long XLI May put spread. Long XRT May put spread. Long WFC May put spread. Long SMH June Put Spread. Long EA June Sept call calendar.