The most recent UUP straddle trade (link here), has been closed for a profit. The trade closed for a price of $0.70. That is a profit of $0.33 before commissions and fees. Reasons for the trade are below.
- The underlying UUP made a large move down today
- Expiration was within 10 trading days
A portion of profits will go to investors, charity, taxes, and back into the trading account.
**
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
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