Recent content by paulrberg

Thanks guys, your comments were all very helpful. I'm not a seasoned trader, so I didn't know how to relate to the $0.1 spreads. I considered them high compared to SPY and other uber popular products.

Yeah, that plus options on futures are quirky. Some exercise physically, others in cash, depending on the expiration month. I'm looking for a simple, liquid product that will surely go down with the EUR.

I'm interested to buy out-of-the-money options against the EUR, in order to be exposed to a massive payoff in case the EUR crashes against USD. So far, I found the following products: XDE, that trades on Philadelphia Stock Exchange (PHLX) Options on FXE The issue with both is that liquidity is...

Sometimes the UX on the broker's station is so poor that it confuses me even more. For instance, this is what Interactive Brokers shows me when I cannot trade a product when I don't have the necessary trading permissions, but ALSO when the KID is not available: Contract not available for trading

The Packaged Retail and Insurance-based Investment Products (PRIIP) regulations are phenomenally confusing and opaque. How can a retail Europe-based investor check whether a financial product provides a Key Information Document (KID) or not? There seems to be no database where I can type the...

Thanks for your help.

They all start with "XD". For instance, EUR/USD options are XDE. Refer to this document for more information. And I found them on Trader Workstation.

You're right, I just found the PHLX option chains and I am eligible to trade them. Thanks! What are FOPs? I found a few references to it on Google but no explanation for what it stands for. Is it a futures or forwards contract?

From Wikipedia: The foreign exchange options market is the deepest, largest and most liquid market for options of any kind. Most trading is over the counter (OTC) and is lightly regulated, but a fraction is traded on exchanges like the International Securities Exchange, Philadelphia Stock...