Jon Najarian's Brexit Options

Discussion in 'Options' started by TradeCat, Jun 21, 2016.

  1. This is a binary event call....but keep in mind, with that super-high IV, much has already been priced into a "leave" event. That being said, selling the straddle makes the most sense here.
    Even with a "leave" vote, there is still a chance this could win or at least break-even.
    BTW: nice chart Gimp !
     
    #11     Jun 23, 2016
  2. Pekelo

    Pekelo

    I think the move has been done already, ES is up 20 pts overnight, when the actual results come in, we might sell off.
     
    #12     Jun 23, 2016
  3. Errr . . .
     
    #13     Jun 24, 2016
  4. OptionGuru

    OptionGuru




    • Long puts would obviously have been a better trade.
    • FXB July 15, 2016 143.00 put up about 3.6x from $2.60 to $9.50.



    :)
     
    #14     Jun 24, 2016
  5. You think? :D
     
    #15     Jun 24, 2016
  6. Hindsight is always 20-20.
     
    #16     Jun 24, 2016
  7. OptionGuru

    OptionGuru



    What a ridiculous comment.



    :)
     
    #17     Jun 24, 2016
  8. i960

    i960

    image.png
     
    #18     Jun 24, 2016
    Fonz and samuel11 like this.