Rolling...
Underlying: QQQQ
COVERED SHORT 48 Sep'07 Call @ 1.28
Loss = 0.59
SHORT 50 Oct'07 Call @ 0.76
SHORT 44 Sep'07 Put @ 0.41
LONG 53 Dec'07 Call @ 0.35
LONG 39 Dec'07 Put @ 0.51
Total premium collected from strategy: 0.41
Thanks for the replies!
I didn't reveal the "foreign country" because I wanted to see what the general advice was like before receiving specific advice. To make the picture clearer: I am going to buy real estate in Australia.
AUD/USD is a liquid pair with tight spread for FX brokers, but...
Underlying: QQQQ
SHORT 48 Sep'07 Call @ 0.69
SHORT 44 Sep'07 Put @ 0.41
LONG 53 Dec'07 Call @ 0.35
LONG 39 Dec'07 Put @ 0.51
Max risk: $500 x 2 = $1000
Premium collect: 0.24
Suppose I am an US citizen who is investing US$200,000 for the long run in a foreign country. This investment is made in the currency of the foreign country and thus I have to convert the $200k into foreign dollars.
In around 5 years' time, I want to liquidate the investment and convert the...
if u hit your max risk of -$700, that would possibly wipe out all the small profits you made throughout the year won't it?
i wonder if the max risk in either direction gets hit a lot historically to make this strategy not worthwhile anymore. Hmmm....
Anyone knows any formal Economics?
Is a trade deficit good or bad. Why? I would have thought (in the spirit of Milton Friedman) the state of the trade account doesn't matter.
Nice article on Hedge fund managers. Makes you wonder why people believe that $3000 is enough to make real traders give up their secrets.
Btw have anyone seen Larry Williams trade live? He always claim to trade $1mil live. What mimick does he employ to get away from losing money during the...