UYG just write calls against 8. Leaps on UYG not worth buying buy stock then. long UYG March 6 and sell March 8 is attractive. Ford is in hot water if WH is not ready to give money. But then market will tank 2000 to 3000 points on DJIA and we can drop 350 points on S&P.
If WH is giving money then I will write calls with 5 $ price difference. Long 5 short 10.
URE is good candidate here.
Farooq
Technical Analysis (TA) shows UYG can move higher once uncertainty is removed.
Farooq This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
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