Long Term Calls on UDN

Discussion in 'Options' started by TM1982, May 20, 2009.

  1. TM1982


    Anyone buying long-term calls in UDN to play the short dollar move?
  2. RobtF


    I like the idea. But I'm in the ETF.
  3. TM1982


    The Dec 27 Calls are .85 - .95. If you get those for .9, breakeven is 27.9. I think its more than likely that UDN will be trading at that level by Dec expiration.