The December UUP $22.00 put trade is continuing into next week. The status of the trade is Code Orange. The option bid is currently at $0.35. UUP is currently trading at $21.81. The FOMC meeting is next Tuesday and Wednesday. It is currently expected that the meeting will create downward pressure on UUP. The target for the trade is still $1.00.
Previous trades include USO , IAU, PIN, SPY, XHB, FXF, and FXC options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade and or futures options information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
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