25000 UUP May 23 calls went up marked regular on the PHLX

UUP

Shares of PowerShares DB US Dollar index ETF (UUP) are up .01 to 24.49 today.? UUP is near the bottom of the 52 week range.

Paper traded 25000 UUP May 23 calls for 1.54.? The ADV is 17k contracts.? The OI is 61 contracts.

The trade went up marked regular on the PHLX.? The trade as priced wen up close to the offer for .03 over parity.? It would appear the trade wanted to get long UUP into May.

?IV30 is 37%; HV10 is 30%? The implied volatility is trading at a premium to the realized volatility.

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.