u bought that spy 119 nov put. how much u paid for that
edit: currently the spy 119 put is worth $5000. Assuming u bought $5000 just 1 option which will be your risk. U have 17 days till expiration and the strike price is at the money. U want to use the FX to hedge based on your $5000...
If the funds know how to hedge, 2008 debt crashed would have been avoided. The one who knows how to hedge are the farmers, elevators, meat packers, ranchers, airlines, refinery, etc etc etc
if u are learning how to hedge, u must understand the fundamental of hedging.
Meaning, u must study how the hedgers hedge physical goods. By doing this, its better to contact hedgers. Otherwise, 99% u will lose
demo order filled is different than live order filled depend on the liquidity on the certain strike price. Remember, demo order is programmed.
Your worst enemy trading option is time value if u are the buyer of the option.
now that gain went down, who is next? ZEN FIRE BROKERS?
Remeber, it took almost 20 yrs for the gov arrest madoff. It took 5 yrs for nfa to fined gain. How long will nfa gets Zen Fire brokers? A lot of Madoff and Gain clients loss money in these past yrs.