Maverick74:
CME Euro FX Options - European Style N/A Pit-Traded and GLOBEX
agggg
globex is europian style
CME Euro FX Options - European Style N/A Pit-Traded and GLOBEX
agggg
globex is europian style
Currency Futures Options
- Thread starter cloned777777
- Start date
I want to hedge a long position by buying a put
eg , go long eur / usd 1.2220, and then buy put 1.2200
If i can not find an american style option, how am I suppose to exersise this ??
because if i wake up with eur trading 1.0000
atleast I have bought put @1.2200.
loss will be the premium payed.
but I have to be able to exersise it.
If it is europian , I will losse more !
any takers ?
eg , go long eur / usd 1.2220, and then buy put 1.2200
If i can not find an american style option, how am I suppose to exersise this ??
because if i wake up with eur trading 1.0000
atleast I have bought put @1.2200.
loss will be the premium payed.
but I have to be able to exersise it.
If it is europian , I will losse more !
any takers ?
i don't beleive in stop loss
I already have the long position.
I understand what you are saying.
let us assume that I am long... there is no way out of it
I understand what you are saying.
let us assume that I am long... there is no way out of it
Do you know what a European option is? I am starting to get the feeling you don't.
i can only xersise it when it xpires ..
or resell the option if it is green
or resell the option if it is green
You can sell the option anytime you want. Also in your example, you were long a synthetic call. So if the Euro went down to 1.00, your call would be worthless. I'm not sure what you are trying to do here. Maybe take a breather and do some more reading on options and just sit this out for awhile. The market is not going anywhere.
so then , if i am not able to exersise it when it is in the money, then how am i suppose to hedge the loosing long position ?
reselling the option will not be as effective as exersising it
remember,
I went long @ 1.2220
I bought put @ 1.2200
next day it goes to 1.0000
loss of 2220 on long
gain 2200 on bought put
after the offset...net loss of .0020
only if i xersise it
reselling the option will not be as effective as exersising it
remember,
I went long @ 1.2220
I bought put @ 1.2200
next day it goes to 1.0000
loss of 2220 on long
gain 2200 on bought put
after the offset...net loss of .0020
only if i xersise it
Quote from cloned777777:
so then , if i am not able to exersise it when it is in the money, then how am i suppose to hedge the loosing long position ?
reselling the option will not be as effective as exersising it
remember,
I went long @ 1.2220
I bought put @ 1.2200
next day it goes to 1.0000
loss of 2220 on long
gain 2200 on bought put
after the offset...net loss of .0020
only if i xersise it
Oh my. We have a special one here.
I'll try to be put this simply. There is nothing to hedge! Your position is worthless. You bought a call that is now worth nothing. Good job!