Buying massively EURO put options, strike 1.4200

Risk free money - as usual, or?

 

or hedge funds games

 

Are the buyers speculating on a lower EUR or hedging a long position in the currency?

 

Buying some more 1.4200 puts...

 

Oh, so it's YOU buying the puts?

 

He needs to recoup some losses from an earlier trade:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=218000

he was a little early last time

 

"Short EUR/USD 1.4163..."

And that was before it went to 1.49 and change, ouch.

 

Unfotrunately, I am always a bit early. Last print 1.4100. It´s always good to know when some braniacs like some wannabe "hedge funds" decide to "deleverage"...

 

Last print 1.4082. Ay, ay, ay. Risk free money. Have a nice weekend, gentlemen.

 

Forgot to mention: retail traders are again - the 6th day in a row making money...



That´s pretty much the whole week that retail traders are on the right side of the "game". Unbelievable.