Scott Nations

On CNBC's Options Action, Scott Nations said that he likes Financial Select Sector SPDR (ETF) (NYSE: XLF), but he thinks that it will take some time before this stock starts to perform. He explained that there are so many problems in the space, but he doesn't want to sell Financial Select Sector...

Scott Nations said on CNBC's Fast Money that he likes Northern Trust Corporation (NASDAQ: NTRS) for several reasons. It has a great client mix, and it probably won't be affected that much by the mortgage problems. He added that Northern Trust Corporation (NTRS) will do well when the middle market...

Scott Nations said on CNBC's Fast Money that gold struggled today. He suggested investors that are already long gold to use some of the profits, and buy protection. Specifically, Scott Nations suggested investors to sell the December 120 put in SPDR Gold Trust (ETF) (NYSE: GLD) for $1.10, and buy...

On CNBC's Fast Money, Scott Nations suggested investors to consider a covered call strategy in Microsoft Corporation (NASDAQ: MSFT). Scott Nations wants to generate some yield in Microsoft Corporation (MSFT), and he is going to do that with a sale of a covered call. Specifically, he wants to sell...

Scott Nations said that he wants to buy some protection in Garmin Ltd. (NASDAQ: GRMN), because he thinks that this company doesn't have a clear concept. Garmin (GRMN) had a bad attempt of entering smart phone business, and its latest move is a purchase of a bicycle tech company. A purchase of a put...

Scott Nations said on CNBC's Options Action that he wants to make a bullish bet on US dollar. He explained that dollar is getting hurt without a good reason, and he added that currencies, much more than anything else, tend to revert to the mean. He believes that PowerShares DB US Dollar Index...

On CNBC's Fast Money, Scott Nations said that he is worried about Fed's comments about slow economic recovery, and he wants to protect his position from the eventual downturn. Scott Nations wants to use an option strategy that is suitable only for the investors that have a long exposure in the...

Scott Nations said on CNBC's Options Action that gold could go down, and he suggested investors sell a call spread in SPDR Gold Trust (ETF) (NYSE: GLD). He wants to sell the December 125 call for $5.15, and buy the December 130 call for $3.25. This trade structure would generate $1.90, and if you...

Scott Nations said on CNBC's Fast Money that he is not impressed with the news that Microsoft (NASDAQ: MSFT) is planning to issue bonds and use the money for buyback. He explained that Microsoft (MSFT) is in the process of buyback since 2006, and that didn't do much for the price of the stock. He...

CNBC Options Action's Scott Nations said on the show that he wants to buy protection in Lowe's Companies, Inc. (NYSE: LOW). The chart for this stock looks bad to Scott Nations, and he suggested investors to consider buying put options in Lowe's (LOW). He is worried about the falling revenue and...

Scott Nations said on CNBC's Fast Money that he is worried about the impact that Basel III will have on the U.S. financial sector. But that is not his only problem with the equity market in US. He is also concerned about low volume. To protect from the potential problems in the financial sector,...

Scott Nations said on CNBC's Fast Money that he is worried that banks might post disappointing earnings results, and he wants to protect his portfolio against that. He wants to use an options strategy to protect from the possible downside in Morgan Stanley (NYSE: MS), and his strategy is a...

Scott Nations said on CNBC's Fast Money that he is watching Technology SPDR (ETF) (NYSE: XLK). He suggested investors to consider a bearish options strategy in this ETF. He thinks that tech spending is not going to increase any time soon, and wants to buy a put spread to get some protection....

Scott Nations said on CNBC's Fast Money that he believes that there is a bond bubble, and investors should consider a trade that would protect their gains. He recommended investors to sell their position in iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE: TLT), and buy call options. Specifically,...