What is my maximum loss on this EUR futures spread?

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

  1. nravo

    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.