UUP Mar $22.00 calls were purchased today. The price of the call option was $0.17. UUP is currently trading at $21.78. Reasons for the trade are:
- A triple bottom has been hit.
- Other currencies showing weakness
Previous options trades include FXY, USO , IAU, PIN, SPY, XHB, FXF, UUP, and FXC.
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.