Mike Khouw Is Looking At Fluor Corporation (FLR)

In an interview on CNBC, Mike Khouw said that investors should consider a long position in Fluor Corporation FLR on Monday. Fluor Corporation (FLR) is going to report earnings on Monday, after the bell, and Mike Khouw thinks that it would be wise to buy call options in FLR. He wants to buy the September 48 calls in Fluor Corporation (FLR) for $1.70. He explained that after a series of positive news options are now much cheaper in the near term months. Fluor Corporation (FLR) gained 2.22% today, and closed at $47.04.
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Posted In: CNBCLong IdeasOptionsMediaTrading IdeasConstruction & EngineeringIndustrialsMike Khouw
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