Sold short NZD/JPY call, strike 89.71, expiry May 14th, 2007 for 15 pips.
I actually entered the (first) live trade yesterday, but decided today to start posting my trades here on a regular basis. I've been forward testing this strategy for a few months. In case of a disaster (pair flys past the strike) I cover the option with a spot position.
update (May 8th): Delta falling faster than Bush's approval ratings...
update (May 9th): NZD unemployment data to be released today @ 6:45pm EST. This is definitely a must watch to make sure the position stays safe.
I actually entered the (first) live trade yesterday, but decided today to start posting my trades here on a regular basis. I've been forward testing this strategy for a few months. In case of a disaster (pair flys past the strike) I cover the option with a spot position.
update (May 8th): Delta falling faster than Bush's approval ratings...
update (May 9th): NZD unemployment data to be released today @ 6:45pm EST. This is definitely a must watch to make sure the position stays safe.