The Final Call: Utilities And Energy ETFs
On CNBC's "The Final Call," Carter Worth said he wants to buy utilities and energy. He named Utilities Select Sector SPDR Fund (NYSE: XLU) and Energy Select Sector SPDR Fund (NYSE: XLE).
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Mike Khouw of Optimize Advisors said that he likes both these picks. “You can either use call spread risk reversals or just call spreads to make these bets,” he added.
XLU, XLE Price Action: The Utilities Select Sector SPDR Fund gained 0.4% to settle at $77.38 on Friday, while the Energy Select Sector SPDR Fund added 2.49% to close at $80.60.
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Posted-In: Carter Worth CNBC Mike KhouwLong Ideas Options Markets Media Trading Ideas