Stan Wong iShares Hi Yield Corp Bond ETF HYG-N BUY Jul 30, 2009

High-yield bonds is a place you want to be when coming out of a recession into a bit of a recovery. Has had quite a bit of a run. Spreads between these and treasuries are now tightening a little. Could still be room to go. Pays around 10% yield.

Stan Wong

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options The market is buying the June $76.50 calls around $74.00 and change. He's in the calls here.

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Stan Wong iShares Hi Yield Corp Bond ETF HYG-N BUY Jul 30, 2009

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