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Tag Archives: fx

Bought a USDJPY call option expiring Monday, July 17th

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?!

Bought EURUSD Put Option expiring Monday, July 17th

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.

Squared GBPUSD

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.

UK Claimant Count

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.

Squared GBPUSD Put Option

I didn’t feel comfortable about the GBPUSD so I decided to square the option at 1.2875 for a trading profit of 45bps.

Squared AUDUSD Put Option

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

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.