Hello
KeaneVCC has made a trade with Japanese Yen. March 2nd $89.50 put was purchased. The price paid for the put was $0.30 before commissions and fees. The expectation is that the put will be $1.00. There isn't a stop loss on this trade. Reasons for the trade are below.
- Yen is at a Big Resistance point
- Lots of dollar talk with the Federal Reserve
- Price of option provides an opportunity
**
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