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Fast Action: Making Bank With Options

How would you like to double your money by June in the financials while risking only a buck?

With the XLF showing signs of a breakout, that's exactly what Brian Stutland of Stutland Equities is looking to do.

Here’s how Stutland suggests playing it!

The Trade
June XLF Options Chain - XLF $15.75
Buying June 15-strike call for $1.20
Selling June 17-strike call for $0.20

How Stutland's Trade Makes Money
Profits capped at $17.00
Profits above $16.00
Losses below $16.00

Learn more about this trade. Watch the video now!




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Trader disclosure: On March 18th, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Stutland Equities Is A Market Maker in (VIX); Stutland Equities Is A Market Maker in (SPX) Futures; Stutland Owns (GS) Call Spread; Stutland Owns (GE); Kelly Is Short (EURUSD); Kelly Is Short (GBPUSD); Kelly Is Short (EZU); Finerman's Firm Is Short (SPY), (IWM), (MDY), (IJR), (SPY), (USO); Finerman's Firm Owns (IYR) Puts; Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leaps; Finerman Owns (BAC), (BAC) Preferred; Finerman's Firm And Finerman Own (GOOG); Finerman's Firm And Finerman Own (JPM); Finerman's Firm And Finerman Own (WFC) Preferre ; Grasso Owns (TSO); Grasso Owns (AAPL)

For Steve Grasso
Stuart Frankel & Co. Inc. And Its Partners Are Short (AAPL)

For David Strasser
Janney Montgomery Scott is Market Maker in (BBY)
Janney Montgomery Scott Receives Compensation from (BBY)
Janney Montgomery Scott is Market Maker in (HGG)

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