Dan Nathan's PowerShares DB US Dollar Index Bullish Trade

Speaking on CNBC's "Options Action", Dan Nathan suggested that investors should consider a bullish options strategy in PowerShares DB US Dollar Index Bullish UUP.

He thinks that the strength in the U.S. dollar is going to continue and he wants to buy the January 24/26 call spread for 60 cents. The trade breaks even at $24.60 or 1.53 percent above the current stock price. If the stock jumps to $26 or higher, the trade is going to reach its maximal profit of $1.40.

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Posted In: CNBCOptionsMarketsMediaDan NathanOptions Action
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