Uncertainty looming over the trade talks between Abe and Trump during Abe’s visit to the USA, Abe’s sliding popularity vote, Abe’s scandal, and the US 10 yield rising above 3%, all prompted me to feel that the yen will weaken in the near term.
So I decided to execute a 2 week call option, maturing on May 4th with the following details: –
Strike; 108.04, Premium; 0.40, Breakeven; 108.44
Let’s see.
The Panthenon Investment Group 