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Long Term Calls on UDN

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

  1. TM1982

    TM1982

    Anyone buying long-term calls in UDN to play the short dollar move?
     
    #1     May 20, 2009
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  2. RobtF

    RobtF

    I like the idea. But I'm in the ETF.
     
    #2     May 20, 2009
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  3. TM1982

    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.
     
    #3     May 20, 2009
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