Short DAX at 7740
- Thread starter ASusilovic
- Start date
Well, it would not matter what vol volatility you would have, the breakeven was 5930/6320 for Sep strangle.
I want to say that it was a good trade but maybe it should be executed for Oct/Dec and right now.
Premium is 20% down, Bund has risen again to 133 and Dax is hoovering around 6100. btw. EUR/JPY is again getting towards 106, previous lows.
Looks like we will break these levels or at least some of them.
I am not looking for breakeven regrading the strangles trade. In any way I can use both legs as a hedge - depending on what my overall underlying directional bet is.
EUR/JPY is not so important. Important is that we have 90 % of JPY long speculators against USD. This cries for a bad awakening. It is such a crowded trade that it´s not even more funny.
Long 0.001200 October JPY calls, short underlying.
Do you really expect German fund managers to ACT on their own ?
Target 6260.00 and then let´s see.
Sept. 9 (Bloomberg) -- Deutsche Bank AG has approached investment banks to assess their interest in managing a stock sale to raise as much as 9 billion euros ($11.4 billion), said three people with knowledge of the discussions.
Germanyâs biggest bank has yet to decide on the sale, said the people, who declined to be identified because the plans are confidential. The proceeds may be used to increase the bankâs stake in Deutsche Postbank AG and to meet rising regulatory capital requirements, the people said.
Deutsche Bank has the option to increase its almost 30 percent stake in Bonn-based Postbank, which currently has a market value of 5.6 billion euros. Deutsche Bank Chief Risk Officer Hugo Banziger said in an investor presentation in June that the Frankfurt-based bank would only raise capital for acquisitions.
They will become even stronger. This capital raising will make them very, very strong. Strong buy ! How many times did I mention "strong" ?
Target reached - later than originally assumed.