What is my maximum loss on this EUR futures spread?

Discussion in 'Financial Futures' started by nravo, Oct 6, 2008.

  1. nravo


    I'm short 1.41 put and long 1.38 put. I figure I am out 3 cents. What does translate to in USD at expiration, and closing under 1.38? Three X 1,250? Having a brain fart moment here. Apologies.
  2. ?.....If you initiated the position as a spread, your maximum reward is the premium you collected. Your maximum risk is the difference between the strikes minus your premium.