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Options Action: Protect Yourself

Tuesday, 17 Aug 2010 | 6:16 PM ET

A "tremendous" amount of uncertainty drove bond levels to "absolutely crazy highs," said Scott Nations, president and chief investment officer of NationsShares. So how do you protect yourself?

For Tuesday's Options Action, Nations is looking at the iShares Barclays 20+ Year Treasury Bond exchange-traded fund.

***SCOTT'S TLT TRADE****
Sell the Sept. 104 put for $2.00

To learn more about this trade, watch the video now!

Options Action
Protecting yourself amid the economy's uncertainty, with Scott Nations, NationsShares.



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Trader disclosures for Tuesday, Aug. 17, 2010:

Joe Terranova
Terranova owns (AKAM)
Terranova owns (V)
Terranova owns (NRG)
Terranova owns (POT)
Terranova owns (OXY)
Terranova owns (GLD)
Terranova owns (BAX)
Terranova owns (MOS)
Terranova owns (PFE)
Terranova owns (SU)
Terranova owns (XBI)
Terranova owns (GOOG)
Terranova owns (LRCX)
Terranova owns (AXP)
Terranova owns (C)
Terranova owns (GS)
Terranova owns (BMO)
Terranova owns (MSFT)
Terranova owns (QCOM)
Terranova owns (FCX)
Terranova owns (APA)
Terranova owns (GLD) Calls
Terranova is chief market strategist of Virtus Investment Partners, LTD.

Virtus Investment Partners own more than 1% of (ABAX)
Virtus Investment Partners own more than 1% of (ALK)
Virtus Investment Partners own more than 1% of (AMKR)
Virtus Investment Partners own more than 1% of (CASS)
Virtus Investment Partners own more than 1% of (CSVI)
Virtus Investment Partners own more than 1% of (XLY)
Virtus Investment Partners own more than 1% of (XLP)
Virtus Investment Partners own more than 1% of (DRYS)
Virtus Investment Partners own more than 1% of (EXR)
Virtus Investment Partners own more than 1% of (XLI)
Virtus Investment Partners own more than 1% of (IGE)
Virtus Investment Partners own more than 1% of (LDR)
Virtus Investment Partners own more than 1% of (LPHI)
Virtus Investment Partners own more than 1% of (XLB)
Virtus Investment Partners own more than 1% of (MGRC)
Virtus Investment Partners own more than 1% of (NRCI)
Virtus Investment Partners own more than 1% of (DBV)
Virtus Investment Partners own more than 1% of (SUBK)
Virtus Investment Partners own more than 1% of (XLK)
Virtus Investment Partners own more than 1% of (XLU)
Virtus Investment Partners own more than 1% of (WDFC)
Virtus Investment Partners own more than 1% of (YDNT)

Guy Adami
Adami owns (AGU)
Adami owns (BTU)
Adami owns (NUE)
Adami owns (C)
Adami owns (GS)
Adami owns (INTC)
Adami owns (MSFT)
Adami’s wife works at Merck

Karen Finerman
Finerman’s firm owns (AAPL)
Finerman’s firm is short (ANF)
Finerman’s firm owns (ARG) calls
Finerman’s firm owns (BBY)
Finerman’s firm owns (GENZ) options
Finerman owns (GOOG)
Finerman’s firm owns (JCG)
Finerman and Finerman’s firm owns (JPM)
Finerman’s firm owns (RIMM)
Finerman’s firm owns (TJX)
Finerman’s firm owns (WMT)
Finerman's firm is short (IJR)
Finerman's firm is short (MDY)
Finerman's firm is short (SPY)
Finerman's firm is short (IWM)
Finerman’s firm owns S&P 500 puts
Finerman’s firm owns Russell 2000 puts

Gary Kaminsky
***No Disclosures***

Patty Edwards
Edwards owns (AMZN) for clients
Edwards owns (C) for clients
Edwards owns (CSCO) for clients
Edwards owns (F) for clients
Edwards owns (GE) for clients
Edwards owns (GLD) for clients
Edwards owns (GOOG) for clients
Edwards owns (HD) for clients
Edwards owns (JCG) for clients
Edwards owns (MSFT) for clients
Edwards owns (PFE) for clients
Edwards owns (TTM) for clients
Edwards owns (WMT) for clients
Edwards owns (YHOO) for clients
Edwards owns (TM)

Tim Seymour
Seymour owns (POT)

Barry Ritholtz
Funds managed by Ritholtz own (PCS)
Funds managed by Ritholtz own (QID)
Funds managed by Ritholtz own (TLAB)
Funds managed by Ritholtz own (SBGI)

Anthony Scaramucci
Scaramucci and SkyBridge Capital are long (MSFT)

Colin Gillis
***No Disclosures***

Stephen Weiss
***No Disclosures***

Scott Nations
***No Disclosures***

  Price   Change %Change
ISH BAR 20YTB
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NTRS
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