Want to bet Euro won't drop below 1.48 within next few days ?

The premium is actually 0.0120, translates into 0.0120 * 125000 USD or 120 * 12.5 USD, that is 1500 USD

 

e6h just broke an up trend line on the day chart. better cover that put might not get that bounce you need to get out. market might run ring into hell

 

Let's see if it touches 1.46 tommorrow.

 

Yes, they are.

 

do you trade these from a certain platform or need to call in the order?...I would have to call my broker to trade CME glbex currency futures

 

I used IB. Their GTC order for futures options works well, also the comm. is acceptable.

 

Not that dramatic, I plan to hold for a couple of weeks

 

My gut feeling is you'll be safe. But, Hell, that's worth nothing. Good luck.

 

When Good luck is needed, it is the time to close out.

I just placed GTC buy order at 0.0103, which means anytime from now on, if EUR March futures ever reaches 1.4780, my position will be closed. ( it is trading at 1.4738 at this moment )

I originally planned to hold the position for about two weeks. After two days, it is still under water, that touches my time stop.

Never marry to a trade.

 

The GTC Buy order was hit early this morning at 3:28:39 EST.

0.0104 GLOBEX(USD) 03:28:39 EST on Fri, 11 Dec 2009.

Position closed with a tiny gain.