Market Overview

Alan Knuckman's Guggenheim CurrencyShares Japanese Trade


Agora Financial's Alan Knuckman spoke on Bloomberg Markets about a bullish options trade in Guggenheim CurrencyShares Japanese (NYSE: FXY).

He thinks the U.S. dollar has topped out and he wants to buy the March 80 calls in Guggenheim CurrencyShares Japanese for $5.50. The trade breaks even at $85.50 or approximately 1 percent above the closing price on Tuesday.

Posted-In: Alan Knuckman Bloomberg MarketsOptions Markets Media ETFs


Related Articles (FXY)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Bank Of America, Lions Gate, Twitter, XLF: 'Fast Money' Picks For October 10

Dan Nathan Sees Unusual Options Activity In Starbucks