Wednesday, December 6, 2017

New trade in FXY

A new spread trade in FXY has happened. A Jan 19, 2018 $88.00 call and a Jan 19, 2018 $83.00 put was purchased for $0.53 before commissions and fees. The goal for the trade is $1.10. A stop loss price has been Some reasons for the trade are below.

 - Yen is at a middle of a range
- Volatility picks up in January
- Central Banks will be busy in the next couple of months


** 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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