Dan Deming's iShares MSCI Emerging Markets Index Trade

Den Deming of KKM Financial spoke on Bloomberg Markets about an options strategy in iShares MSCI Emerging Markets Index (NYSE: EEM).

He thinks there might be more downside ahead for the stock and he wants to buy the June 43/42 put spread and sell the June 41 put. If the stock trades below $41 at the June expiration, Deming is going to have to own the stock at $41, but his real entry price would be $40, due to a profit of $1 on the put spread.