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Daily Archives: July 5th, 2017

5 July @ Bought 2 week EURUSD Put Option

The 1H chart looks so yummy with the EURUSD bursting downards of the Ichimoku clouds.  It also cut from the top the 200DMA.

It suggests to me that in the short term there could be further weakness in the EUR.

I decided to buy a 2 week EURUSD Put Option expiring on July 14 with the following details: –

Spot: 1.1320, Premium: 50bps, BE: 1.1270

Let’s see.

3 July @ Bought 1 month AUDUSD Put Option

I also felt that the AUDUSD was unsustainable.

So I decided to buy a one month put option with the following details: –

Spot: 0.7692, Premium 70bps, BE: 0.7622, Expiry: 2 August

Let’s see.

3 July @ Bought GBPUSD 1 month Put Option

I felt that the GBPUSD was too high and unsustainable.

On July 3rd, I decided to buy a GBPUSD put option for 1 month with the following details: –

Spot: 1.3020, Premium: 100bps, Breakeven: 1.2920, Expiry: 2 August

We will see.

3 July @ squared USDJPY call option

On July 3rd when USDJPY crossed 113, I decided to take profit on my 1 month USDJPY call option.

The 1 month call option had an expiry date of July 10 and a BE of 110.52.

I squared the option at 113.20 for a whopping trading profit of 2.68 yen!!!

Now to continue monitoring the outstanding 3 month call option expiring in September which is in the money now.