TradeKing Midday Market Call Recap: SPX, VIX, RUT, BRK.B

Analysis from QuickTakesPro founder and Barron’s columnist Michael Kahn, CMT:

Discussion from TradeKing Options Analyst, Nicole Wachs

Quick Takes Pro “Chart of the Day” - Berkshire Hathaway - symbol (BRK.B)

Technical tools used:

Nicole Wachs’ potential strategy based on “Chart of the Day” – BRK.B Long Straddle

BRK.B - Long Straddle: if you believe the stock can move strongly to either side before July expiration

BRK.B – Long Put Option: if you do not believe the stock can break through and move up from resistance