Thursday, November 5, 2009

Dollar Index ETF call buying

many saw the action in UUP the dollar index ETF, with somewhere in the neighborhood of 250k calls trading in then Nov 23 line

there has been more buying today in the Nov 23 calls as well as the 24s and 25s

rumor has it that it was Goldman that traded the bulk of the nov 23 calls yesterday. lookout if you are on the short side of that trade

http://www.reuters.com/article/fundsFundsNews/idUSN045163820091104

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