Steve Sosnick's Russell 2000 ETF Trade

Steve Sosnick of Interactive Brokers shared with the viewers of Bloomberg Markets an options trading idea in iShares Russell 2000 Index (ETF) (NYSE: IWM).

He thinks the small-cap stocks could be hurt the most, if there is a pull back ahead for stocks. To make money on a potential move lower, Sosnick wants to buy the June 134 put for $1.15. The trade breaks even at $132.85 or 3.90 percent lower.