By Dan Darrow
November 01, 2022
Intraday Update: UUP
UUP has recovered from its early dip, but the ETF has once again stalled around 30.05 ($.05 shy of our target). With a potentially volatile session coming up tomorrow, it makes sense to scale back risk slightly before 30.10 and the 20day sma. The plan will be to close the current Dec16 $28 call and roll up to a lower debit Dec16 $30 call. The next target will be 30.45+.
Trader Author Portfolio Holdings
**As of the date and time of publication