Jason's BigDeaL Trade Alert #31 Last Monday, with global markets unraveling on the heels of massive losses the prior week, I thought it was time to sell volatility and make a bullish bet on the defensive utilities sector (ticker: XLU). The reasoning behind our credit (bull) put spread on XLU was sound, but the play hasn't performed. Indeed, XLU was the S&P 500's worst-performing sector last week, falling 4.22% while the index posted gains of 0.91%. Why has the play gone wrong thus far? Let me play the role of politician and blame China. ...

This document is currently available only to members of our Options subscription.
For more information about our subscriptions, please visit our products page.
Outdated document.
The document was written more than 6 months ago. Information may be outdated.