The UUP December $22.00 puts have been sold at a loss. The puts were sold for $0.18.UUP was trading at $22.13. Reasons for the trade are:
- The stop loss level was hit
- Confirmation of the breakout to the upside for UUP happened
- Price crossed technical SMA lines
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.