Todd Gordon's Guggenheim CurrencyShares Euro Trust Trade

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He thinks that the U.S. dollar is continuing to strengthen on expectations of interest rate increase, which is going to hurt euro. FXE is currently in a downtrend and Gordon believes it is going to continue to move lower toward the $100 price level.

He wants to profit on the weakness in FXE with a purchase of the December 106/103 put spread, which costs $0.99. The trade breaks even at $105.01 or 0.77 percent lower and it can make a maximal profit of $2.01 if the stock drops to $103.

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