Skip navigation

I was considering three call options in the AUDUSD, GBPUSD and USDJPY.

In hindsight after the ‘whack’ from Bernanke, it now appears that of the three possibilities, only the USDJPY would have worked out well.

You will remember that the possible call option on the USDJPY was at a strike of 94.90 with a breakeven at 96.99 and a heavy premium of 1.89.  The current spot is at 97.57 and it looks like there is a fair chance that it could go higher by the end of the week, if more positive US data is announced.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: