Options Traders Bet on Pause in Dollar’s ‘Sell America’ Rout

Options Traders Bet on Pause in Dollar’s ‘Sell America’ Rout

The dollar is trading at a three-year low, but options traders are betting the frenzied selloff in the world’s reserve currency will peter out over the next few weeks.

'Sell America' is in full force for elite investor Jeffrey Gundlach

: Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty ImagesInvestor Jeff Gundlach expressed caution over the US debt load in recent remarks.He said the "untenable" debt burden in America is heading for a "reckoning."The so-called "King of Bonds" said his firm is starting to introduce foreign currencies to its funds.Elite investor Jeffrey Gundlach is doubling down on the '"Sell America" trade.The DoubleLine Capital CEO, previously coined as…