This week, KDK Options has placed a spread trade on UUP (US Dollar). An April $26.00 call option and an April $25.00 put option has been purchased. The cost before commissions and fees was $0.40. The goal of the trade is $1.00.
Reasons for the trade are below:
- Increasing rates
- Technical move up (Elliott Wave) beginning of Wave 3 (for call) or Head and Shoulders (for put).
**
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. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **
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