Trade Alert: UUP, GDX

By Scott Chan and Stephen Leeb • June 20, 2017

Sell to close the PowerShares DB U.S. Dollar Index Bullish Fund (NYSE: UUP) December 15, 2017 $25 call option.

Sell to close the VanEck Vectors Gold Miners ETF (NYSE: GDX) December 15, 2017 $23 put option.

We recommend taking the modest gains on these two options.

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About The Author

Scott Chan

Bio | Archive

Scott Chan moved from China to the U.S. with family at the age of ten. He passed the rigorous entrance exam and attended the merit-based Stuyvesant High School, widely held to be best public school in New York City. He earned undergraduate degrees from New York University followed by an MBA degree from the Zicklin School of Business at Baruch College.

Shortly thereafter Scott partnered with Dr. Stephen Leeb on numerous financial publications. Today, he serves as the lead analyst for Real World Investing and The Complete Investor.

Mr. Chan is an avid baseball fan and enjoys outdoor activities in his spare time. A multicultural person, he reads Chinese and speaks fluent Mandarin and Cantonese Chinese.