Todd Gordon's Guggenheim CurrencyShares Euro Trust Trade

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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