45000 UUP Oct 25 calls went up in 1 block on the PHLX.?
Shares of the Powershares DB US Dollar index (UUP) are up .01 to 27.88 today. ?UUP is near the middle of the 52 week range.
- Paper traded 45000 UUP Oct 25 calls at .07.?
- The ADV is 18988 contracts.? ?
- The open interest is 49211 contracts.
The volume went up in 1 block on the PHLX.? There is huge OI on the strike so it is likely this customer closed a long position.? Essentially they are giving up on a further rally in the UUP.
- IV 30 is trading for 8%.?
- HV10 is trading for 4%.?
- IV 30 is above the HV 10.
PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time.