Well, it has just been 10 days ago that our option trade recommendation took place, please see below weblink for the evidence of yielding/payoff patterns.
The option strip strategy had approximately cost us at around USD3,255.46, where at 1.2178 positive cashflows at around USD4881.47 which is almost more than 100% in just 10 calendar days.
So, if at all you bought and executed this strategy with the American style of options that allow the holders to execute the options on and before expiration, by now, the strategy has derived cent percent yields which a naked married put strategy wouldn’t have earned. An extra leg of long on put has earned us double the profits that cover the cost of long on call as well (refer payoff nutshell available in above link).
Having mentioned that, the crux of the matter is that - to make our trade successful, a mere analysis is not sufficed. Even if there are 7 out of 10 successful trades, there could still be the chances of negative or nill cashflows when you do not have the proper trades placed. By mentioning so, 3 failure trades are quite enough to wipe off the results of successful trades.
For now, the Brexit-related threats for the UK economy beyond initial confidence are yet to develop, and accordingly, the scale and scope of BoE’s easing would cap GBP.
We still foresee the major downtrend likely to resume and evidence further slumps ahead as the approach of the March 2017 Brexit deadline, Supreme Court findings and end-year survey and hard data are likely to attune markets to harsh Brexit realities.
Consequently, we have analyzed in our technical trend of GBPUSD and advocated bearish trade recommendations under as the major trend still seems robust as price, volumes, and OI move in tandem, while trend and momentum indicators are substantiating the selling pressures.
On daily charts, price dips may extend up to next strong support of 1.2101 upon bearish convergence on DMAs (7DMA crosses below 21DMA which is a bearish convergence).
Hence, we again reopen the same option positions to construct strips as stated earlier.


Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
Bank of America Posts Strong Q4 2024 Results, Shares Rise
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
What is Zionism? The different meanings of a contested term
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
FxWirePro- Crypto Weekly Alpha: ETF Rebounds, L2 Rallies & Key Resistance Levels
Hawkish Fed Fuels Gold Sell-off: Gold Dives Below $4300 Amidst Rate Hike Fears
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
fnny Beta Launches With a Simple Idea: Find an Event, Show Up, Get Rewarded
AI is supercharging money scams – here’s what you can do to protect yourself
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close




