You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Want to bet Euro won't drop below 1.48 within next few days ?
- Thread starter ramaTrade
- Start date
From hindsight, I should have initiated outright long puts instead of puts spread on Wednesday. Initiating a put spread on Friday is a better trade than outright long put.
Now I only have long puts left in my position. The time decay is about $33 per contract now and $77 ten days later. Based on the options lab's calculation, anytime before or on Jan 1, 2010, if Euro ever touches 1.41, I am going to make 50% from my position, regardless time decay. If Euro drops to 1.4, I will at least make 100%. As of iv, when euro drops, the iv at least won't drop, if not go up a little bit, for the past two weeks, the iv for put has been fluatuating between 9.0% and 12%.
Now I only have long puts left in my position. The time decay is about $33 per contract now and $77 ten days later. Based on the options lab's calculation, anytime before or on Jan 1, 2010, if Euro ever touches 1.41, I am going to make 50% from my position, regardless time decay. If Euro drops to 1.4, I will at least make 100%. As of iv, when euro drops, the iv at least won't drop, if not go up a little bit, for the past two weeks, the iv for put has been fluatuating between 9.0% and 12%.