Friday, December 28, 2012

New Call Trade in UUP

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 FXYUSO IAU, PINSPY, XHBFXF, 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.   

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