The Options Insider

Long-Term Call Buyers Active in UUP

by | Oct 8, 2015 | Unusual Activity

24000 UUP Mar 25 calls went up in scattered small blocks on all exchanges. ?

UUP

Shares of Powershares DB US Dollar Index (UUP) are down .07 to 24.83 today. UUP is near the upper end of the 52 week range.

  • Paper traded 24000 UUP Mar 25 calls for .53-.54. ?
  • The ADV is 19507 contracts.?
  • The OI is 1875 contracts.

The volume went up in scattered small blocks on all exchanges. ?The calls traded on the offer and the trade is most likely a newsletter recommendation that is bullish on the dollar as rates increase sometime in the future.

  • IV 30 is trading 8%.?
  • HV10 is trading for 4%.?
  • IV 30 is trading 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.