Bought a USDJPY call option expiring on Monday, July 17th with the following details: –
Spot: 113.25, Premium: 0.48, Breakeven: 113.73.
Let’s see what happens?!
Daily Archives: July 12th, 2017
During lunch today when EURUSD was hoving dangerously near the 1.1500 level, I decided to buy a put option expiring on Monday, July 17th with the following details: –
Spot: 1.1485, Premium: 36bps, Breakeven: 1.1449
Right now at 9:54pm Singapore time, EURUSD has broken through the 1H 50DMA and 200DMA.
Let’s see what happens when Janet Yellen speaks shortly.
GBPUSD doesn’t seem to be making any appreciable move upwards, so I decided to square off my Long GBPUSD at 1.2900 for a decent trading profit of 62bps.
I was looking for a trade today.
Decided to do a straddle on the GBPUSD with the following details: –
Stop if Offered; 1.2790, Spot 1.2818, Stop if Bid; 1.2838
As it turned out the Stop if Bid was triggered as Claimant count came in lower at 6K versus 10.5K expectation. Unemployment also improved slightly from 4.6% to 4.5%.
Am still holding the spot position with SL at 1.2838.
Let’s see.
I didn’t feel comfortable about the GBPUSD so I decided to square the option at 1.2875 for a trading profit of 45bps.
Felt that the AUDUSD was not going south as strongly as I had anticipated so decided to square the option at 0.7580 for a trading profit of 57bps
The Panthenon Investment Group 