Spread Trade in Japanese Closed for Profit

Good Afternoon

The spread trade for the Japanese Yen ETF FXY has been closed for a profit. The original post on the purchase of the trade can be found here. The trade closed at $1.25. That is a profit of $0.40 before commissions and fees. Allocations to taxes, charity, investors and back into the account have been made. Some reasons for the trade are below.

- Time and time value was decreasing  on the trade
- Risk of loss of profit was high


** 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 **