It looks like Congress will get at least one thing done in the next few weeks. There seems to be agreement on spending more than $1 trillion on infrastructure.

The Senate has already passed a bipartisan $1.2 trillion bill and the House of Representatives seems likely to vote on the bill soon.

According to CNN, the deal includes:

– $110 billion for roads, bridges and major infrastructure projects.
– $40 billion for bridge repair, replacement and rehabilitation.
– $11 billion for transportation safety, including a program to help states and localities reduce crashes and fatalities, especially of cyclists and pedestrians.
– $39 billion to modernize public transit.
– $65 billion investment in improving the nation’s broadband infrastructure.
– $17 billion in port infrastructure.
– $25 billion for airports to address repair and maintenance backlogs, reduce congestion and emissions near ports and airports and promote electrification and other low-carbon technologies.
– $65 billion to rebuild the electric grid.
– $55 billion to upgrade water infrastructure.

There are more aspects to this bill, but this is already a diverse list of projects. For more on the infrastructure bill and how investors can profit, I encourage you to check out my colleague Nathan Slaughter’s analysis here and here.

But today, I want to talk about one thing these projects have in common. They will all use steel to some degree. And I’ve found the perfect trade for us to profit…

How I’m Trading This…

This makes steelmakers like Nucor Corporation (NYSE: NUE) attractive investment opportunities.

NUE is the largest diversified steel and steel products company in North America. The company has 25 scrap-based steel mills with annual production capacity of 27 million tons. Nucor accounts for about 26% of American steel production with almost 71% of its steel from recycled content. That makes the company attractive to sustainable investment funds who will also like the fact that NUE accounts for about 7.5% of the industry’s greenhouse gas emissions, much lower than its market share and an indicator of the company’s commitment to sustainable production.

In anticipation of increased demand for steel, NUE has been expanding. This week the company completed an acquisition that adds steel racking solutions to its portfolio. This allows Nucor to add services for customers in the warehouse and distribution market, an area growing due to trends in online commerce that I highlighted last week.

These factors, combined with the “Buy American” provisions of the infrastructure bill and 48 consecutive years of dividend increases make a compelling case for investors to consider NUE.

This makes a stock like NUE attractive for investors in the long run. And while there’s nothing wrong with that, I believe we have a better way to trade NUE over at my Income Trader premium service…

In the short run, the stock provided an Income Trader Volatility (ITV) “buy” signal after completing a brief pullback.

I developed this tool specifically to tell me when an individual stock’s volatility reaches a short-term peak, allowing me to balance the potential risks and rewards of options trades.

This signal has helped us make winning trades more than 90% of the time historically. So when it gives us a green light to use our time-tested put-selling strategy, we can have confidence to make our trade and pocket immediate income.

Unlike many options traders, who stab in the dark for price swings, my system is to earning my followers thousands of dollars in reliable income every month. The best part is it takes only a few minutes per week to make these trades. And unlike regular buy-and-hold income investors, we can pocket our income and move on to the next trade quickly — allowing us to earn even more.

If you’re interested in finding out how you can earn thousands of extra dollars per month, check out this special report.