On to the other bearish trade. Riskreversal.com’s Enis Taner set his sights on industrial giant, General Electric (which is also 49% owner of NBCUniversal and CNBC). Enis noted that with 50% of GE’s revenue coming from outside the U.S., and global markets looking increasingly risky, GE could be cruising for a bruising. Despite these concerns, the stock has been trading around one-year highs, while other companies with similar international exposure has seen their stocks get punished— Caterpillar would be one example. Enis thought GE would follow CAT down.

To make a bearish trade, he suggested buying the August 19/17 put spread for $0.30. His trade and payout are below.

ENIS’S GE TRADE

HOW ENIS'S GE TRADE MAKES MONEY

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