Hello friends , I am working on a hedging strategy and have a question
Let's assume I have a long position in FX for 100.000 units of EUR/USD and the current price would be 1.55
I would like to secure this price for a period of 6 months for example.So basically I would like to be able to buy EUR/USD anytime within the next 6 months at the price of 1.55
can someone tell me if there is a way to do that? options?
if this runs with options , does someone know how much approx. something like this costs?
andrew
Let's assume I have a long position in FX for 100.000 units of EUR/USD and the current price would be 1.55
I would like to secure this price for a period of 6 months for example.So basically I would like to be able to buy EUR/USD anytime within the next 6 months at the price of 1.55
can someone tell me if there is a way to do that? options?
if this runs with options , does someone know how much approx. something like this costs?
andrew