Will the US Dollar continue to collapse or will it finally rise from the ashes? There are many ways to play this: gold, Brazil, stocks. Here, however, is a direct way, through the UUP and UDN ETFs. UDN can also be used in registered account that do not allow puts, please see 2nd table.
Here are long term straddles, calculated with our StraddlesCalc Tool.
If you believe the US dollar can move 8% by June, these are quite suitable.
Not buying puts.
If your account does not allow you to buy puits (as some registered accounts are). can do a straddle by buying calls of UUP and also calls of UDN.
This involves the UUP 22 calls and the UDN 29 pits, which cost very much the same. The moves required are also similar.
Options are dangerous and may cause 100% loss. This is not advice. Please do your own due dilligence.
Options are dangerous and may cause 100% loss. This is not advice. Please do your own due dilligence.
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