Christian Fromhertz's SolarEdge Technologies Options Trade

Christian Fromhertz of Tribeca Trade Group spoke on Bloomberg Markets about a bullish options trade in Solaredge Technologies Inc (NASDAQ: SEDG).

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Fromhertz said the stock is pushing back to its 50-day moving average and it is still in the uptrend. He wants to use options to make a bullish bet and to do so, he wants to buy the October $80/$85 call spread.