I feel that the AUDUSD is somewhat oversold, given the strong economy, strong exports, stable housing, low interest rates, good employment and great weather.
So I decided to buy a one month call option with the following details: –
Strike at Spot: 0.7665
Premium: 70bps
Breakeven: 0.7735
Currently, it is trading at 0.7700
The Panthenon Investment Group 