Recent content by fastbusiness

@FullyArticulate: Definitely vanilla options. But when I asked the people from thinkorswim.com they told me that they do not offer currency options. I understand what you are saying, but I can't buy call option for eur/usd with broker that trades only stocks options. I might be missing...

@ryank: Unfortunately this broker does not offer currency options. Thanks for the effort anyway. @everyone else: I have changed my strategy, now I need vanilla options broker that would let me buy/sell calls/puts with a life time of 1 day. Any ideas?

I was talking about plain vanilla options. So I need a broker that would let me trade them American style.

Hi there, I didn't wanted to start a new thread so I'll just ask here. Could someone recommend an option broker that let's you trade American way (American options style).

Hi all, I have found all the info and now I understand options. I needed this material not to trade live (even demo trade), I just wanted to learn options basics to know what it's all about and be able to explain when someone asks. Anyway, thanks for help and suggestions. fast

I must be very stupid when I can't understand something this simple. I have just finished reading Understanding Options from www.asx.com.au and I'll try to write down what I picked up while reading. For call option taker (buy call) the break even point is the exercise price (strike price) of...

I did. http://www.investopedia.com/university/options/ Can you learn language just from reading books?! Sure you can't. And texts about options are theory part and I learn best from examples.

I think I'm getting a point here. So when I buy call option I pay premium. And thats all the loss I can have. Profit is unlimited. And when I sell call option I get premium, but that's just about everything I could possibly gain from the option. If rate is below the strike price, at the moment...

Now we are getting somewhere. It sounded strange to myself too, but heck, I had to ask :D So this would be the situation now. Fx spot rate (gbp/jpj) 219.00 Sell call. Get 1.00. Strike price 219.00. If it goes up 100 pips I'm at break even, if it goes 200 pips up I have 100 pips loss...

Thanks for the replays. Now I know that I understood that part. Second thing I wanted to check is if the same thing applies for sell call. Let's say current fx spot price for gbp/jpj is 219.00. I sell call at the time and pay, let's say, some 1.00 premium. Option lasts for 1 month. Now at the...

66 views and no replays?! What, you don't know the answer? I would appreciate if you would give me, at least, some directions where I might find the info.

After reading few pdf books and listening to some explanations I got so confused about fx options. So, I would kindly ask all good people to try to make this little clearer for me. I'll give an example and you just say if I got it right or not. Current fx spot rate for gbp/jpj is, let's say...

Just to make it easier, I can't decide between mgforex and gftforex.

Ok, I know there are hundreds of threads about FX brokers, but there are soo many negative posts that it makes it impossible to determine where to open account! All I need is broker that lets you trade with at least 200:1 leverage, has a mini account and most of all, has an excellent market...