I like to sell more options on the side where I do not think the market will go. If I use only a straight fx trade on the underlying pair, it loses money continually while waiting for a move due to carrying costs. In this case it could be years ...
I realize that SGD and especially HKD have been relatively flat, but I expect sharp moves in them on a major dollar fall yet to come. Thus I think they can be played from just one side.
It seems that I need to trade on Saxo to trade options on SGD and HKD Has anyone done a survey of white-label partners of Saxo to see if any of them are discounters and/or will negotiate better option spreads? Can you negotiate these spreads at ...