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General Information

July 2, 2020

Special note

Markets are moving fast, and Volatility has increased on both calls and puts. Brokers may request more margins. Please follow it carefully. Even if the strategies are in the correct direction because of the high volatility on both sides (call and puts) there is a lot of liquidity crunch may occur. Please keep adequate risk capital and keep adjusting accordingly. Please do not overtrade.

 

The September 2020 quarter positions closed now with excellent gains. The December 2020 positions initiate on 6/8/2020.

 

 

The US Ten-year treasury note yield is 0.676% on 7/1/2020 and is well below 2%.  This means you keep your money in the government treasuries for 10 years you get 0.676% per year.  It does not matter for us trading the currency options.  The Certificates of Deposit paying so low they may be in negative if you add in the inflation.

 

 

 

 

The December 2020 Euro futures settled on 6/30/2020 @ 11286. The base option strike price for Dec20 Euro on 7/2/2020 is 1130. The Japanese Yen futures for December 2020 quarter settled on 7/1/2020 @ 9326. The base option strike price for Dec20 J Yen is 935 on 7/2/2020. Days to expiration # 155 days.  But the base strike price needs to be adjusted at the time of trading accordingly. Just follow the adjustments and time to trade. The volatility is high now and the market is moving very fast.  Best time to place the strategies, once market has settled, but volatility is still high. Make sure you have adequate risk capital(margin requirements by the brokerages or exchanges) for adjustments. If not you may have to close some positions to raise the risk capital.  we are closing the Septmebr positions this wee as we have achieved our goal. December positions initiated for 6/8/2020.

September 2020 Euro new positions added from 3/16/2020.

September 2020 J Yen new positions added from 3/23/2020.

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The gains for the option #3 and advanced option #2 are realized fully @ expiration.

 

 

Please check the blog more frequently for updated recommendations intraday.

The adjustment changes are uploaded as needed.  For the new subscribers, the options value limits are suggested. The September 2020 options can be placed at any time with the acceptable option premiums. These are shown in the blog. Please adjust the base strike price accordingly.

In the daily currency blog to initiate new positions. If not, Weekly new positions are added when the options are reasonably valued to make profit for new subscribers. All the Euro and J Yen options positions are positive. 

The movements in Euro currency and Japanese Yen are followed daily and recommendation is made in the daily blog for your convenience. Both weeks' updates are given in the same blog. 

 Volatility change effects the options as well as currency options. as long as you follow my blog and adjust the positions when necessary you should be ok. Characteristics of options change the way we buy and sell options. But @expiration everything is even and lets you make money.  

 

 I have initiated the September 2020 currency options for the subscribers and time factor. This time I have given three basic option strategies and three advanced strategies. You can trade all five of them if you want to. But make sure you have enough margin and risk capital. The margin requirements are dynamic and change with the broker anytime.

Both the currency futures are staying within the bracket without any big moves. But 100-point moves may not be unusual. We don't have to worry about these moves. If required just readjust the positions as advised in the currency blog. Option value changes will be given when the currency futures contracts change by 50 or more points.

Most of the time the money received by selling calls and put can be used as margin towards contracts.  The money received can be used to buy 90-day Treasuries and can be used as margin while earning interest.

The information given for the respective currency positions are in the BLOG section of Euro Currency and Japanese Yen. daily changes when appropriate are done and they are in the blog for the subscribers to follow .

Please click on the calendar date and review the data file for your information.

If you have subscribed today information will be provided for the period starting the next market day and follow.

Six option strategies are given for each currency to trade.  You can choose either one, combination or all of them for trading.

For any further info or questions please e-mail us at the contact.

Please subscribe to view the Euro currency and Japanese Yen blogs

 

Risk of trading

Past performance is not necessarily indicative of future results. Futures and options on futures trading are speculative, involves substantial risk and is not suitable for all investors. COMMODITY TRADING INVOLVES SUBSTANTIAL RISK OF LOSS.