FXVOLRESEARCH
Premium Weekly FX Review
11 - Nov - 2019  10:00 AM Singapore Time
At Expiration we exercise the 1.2955 GBP Call 

Net gain on delta hedging is 136.5 tics
Cost of the option is 105 tics
Gross Gain on Trade is 136.5/105 = 130% 

New Order: Leave Order to sell the balance of the delta at 1.3177
Dec 5th : We canceled the order at 1.3177 and sold the balance of the hedge at 1.3159 and rolled out to the expiration date at 1.31593 

We will just leave an order to buy back the full hedge at 1.2955 to expiration. 

Dec 3rd: Filled @  1.2955 and rolled forward to delivery date at 1.29573

Nov 22nd : Filled @  1.2889 and rolled forward to delivery date at 1.2896
New hedge Orders we are leaving at 1.2665 and at 1.2955 (50% Hedge) 

Nov 21st : We are leaving a bid to buy back the hedge at 1.2889

Nov 18th : We sell 50% of the hedge at 1.2955 and roll-out to the delivery date at 1.29625


One month GBPUSD 30 delta strangle



Trade Ideas : GBP One Month Strangles 
Trade Idea: Spot Ref  : 1.2795 Buy 1 Month Expiry GBPUSD 30 Delta Stangles

1-Month   Expiry 2019-12-11

 
The is the trade we would like to put on based on a spot of  1.2795

Buy  1.2955  GBP  Call  Expiry One Month 52.5 US Cents  Vol 7.55 
Buy 1.2665  GBP  Call Expiry One Months 52.5 US Cents   Vol 7.55
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Total Cost                                                     105  US cents  


Leave initial orders to sell half  the delta at the strikes, 

 


 

 
Research Director
FXVOLRESEARCH  

Direct: 604-685-4414
skype: jamesrider1