UUP calls

    Posted by steveo on 8th of Sep 2009 at 03:09 pm

    Look at the premium on calls on UUP for October, nearly zero. 

     

    People are so convinced the dollar is going for a dirt nap that they sell leverage for cheap.  The intraday on UUP looks like a nice basing pattern IMHO.

     

     

    Look at the December 24

    Posted by mkrmdz on 8th of Sep 2009 at 04:16 pm

    Look at the December 24 call. There is strong volume there.

     

     

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