Spot at Expiry 1.3089

Net loss on the Trade is (1.3089 + 1.31485)/2 =1.3118

1.3150 Option Exercised = gain of 32 tics 

Cost of Strangle = 77 tics

Net loss 45 tics or 58% of Premium 

Hedge Order Filled at 6:30AM PST at 1.3150 

Rolled to the Delivery date at 1.31485

New Orders 

Buy the Balance of the hedge at 1.2975 or sell the hedge back at 1.3300

Trade Idea: Spot Ref  : 1.3250 One Month Strangle 

1-Month   Expiry 2019-10-30 

1 -Month Expiry 2019-10-30  

The is the trade we would like to put on based on a spot of  1.3250

Buy 1.3350  CAD Put  Expiry One  Months price 41.7 CAD Tics

Buy  1.3150 CAD Call Expiry One Months price 35.3 CAD Tics 

________________________________________________

Total Cost                                                     77.0 CAD tics

Leave Orders to hedge 50% of the position at 1.3150 and 1.3350