Skip to main content

Market Overview

Carter Worth And Mike Khouw's Potash Corporation Of Saskatchewan (USA) Trade

Share:
Carter Worth And Mike Khouw's Potash Corporation Of Saskatchewan USA Trade

Carter Worth spoke on CNBC's "Options Action" about food commodities, and he said that the segment is underperforming raw industrial materials. He thinks food commodities are eventually going to catch up, and he suggested traders consider getting a long exposure.

Mike Khouw believes it would be a good idea to sell the January 18 puts in Potash Corporation of Saskatchewan (USA) (NYSE: POT) for $0.75. The trade breaks even at $17.25 or 4.54 percent lower, and Khouw is going to collect the whole premium if Potash Corporation trades above $18 at the January expiration.

 

Related Articles (POT)

View Comments and Join the Discussion!

Posted-In: Carter Worth CNBCLong Ideas Commodities Options Markets Media Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com