Skip navigation

Fundamentals and technicals was pointing to a resurgence of the GBP, so I decided to buy a one month call option expiring Oct 15th struck at 1.6160, premium of 118bps, a breakeven of 1.6278.

I squared the position on October 19th at about 5:40pm at 1.6485 for a whopping 2o7bps trading profit.

Ladies and Gentlemen………….this was a super yummy trade!!!!!!

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 )

Facebook photo

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

Connecting to %s

%d bloggers like this: