The current UUP trade is continuing. KDK owns a $21.50 call option that expires on Jan 24. The option is currently $0.32. The option will continue to be held into next week. The Euro is looking like it could move further down next week. The goal of the trade is for the option to reach $0.75. UUP is currently $21.82.
If you have any questions or comments about this trade, or options trading in general, email them to kdkoptions@gmail.com. You can follow KDK Options on Twitter at @kdkoptions.
** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **
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