Monday, March 20, 2017

FXY spread purchased 3/14

On March 14th, KDK Options purchased an FXY (Japanese Yen) April $86 call/$82 put spread. The cost of the trade before commissions and fees was $0.75.

The goal of the trade is $2.00 and reasons for the trade are below:

- Fed meeting

- Triple bottom or rollover looking likely

- G-20 meeting

- Stuck in $2.00 range

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

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