• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

Trade Alert - (FXY) 2 of 2, March 8, 2013

Trade Alert

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen.

Trade Alert - (FXY)

Sell the Currency Shares Japanese Yen Trust (FXY) March, 2013 $110-$115 in-the-money bear put spread at $5.00

3-8-2013

Closing Trade-not for new subscribers

expiration date: March 15, 2013

Portfolio weighting for this spread: 10% = 22 contracts

Sell 22 March 2013 (FXY) $115 puts at???????$12.65
Buy to cover short 22 March 2013 (FXY) $110 puts a?.$7.65
Net proceeds:?????????????????...$5.00

This is just a cleanup of the P&L for our remaining short yen position. This also means that I have closed 14 consecutive profitable trades for the Trade Alert Service in 2013.

In addition, we have another six profitable open positions in our model trading portfolio, taking this run for the money to 20 consecutive profitable trades. This is what you asked for and I am shoveling it to you in spades. You get what you pay for!

After the massive move down in the Japanese yen last night, our Currency Shares Japanese Yen Trust (FXY) March, 2013 $110-$115 in-the-money bear put spread is finally trading at its maximum potential value of $5.00. That spares us from hanging on to the position for the final week into expiration, and frees up capital for better things to do. I managed to catch one of the largest one-day moves in the yen in many years to get here. But here we are.

The best execution can be had by placing your bid for the entire spread in the middle market and waiting for the market to come to you. The difference between the bid and the offer on these deep in-the-money spread trades can be enormous. Don?t execute the legs individually or you will end up losing much of your profit.
Keep in mind that these are ballpark prices only. Spread pricing can be very volatile on expiration months farther out.

Profit: $5.00 - $4.20 = $0.80

(22 X 100 X $0.80) = $1,760 or 1.76% profit for the notional $100,000 portfolio.

FXY 3-8-13

YCS 3-8-13

Japanese Girl

Thank You Dear

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2013-03-08 14:40:312013-03-08 14:40:31Trade Alert - (FXY) 2 of 2, March 8, 2013

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2025. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
  • Privacy Policy
  • Disclaimer
  • FAQ
Link to: Trade Alert - (FXY) 1 of 2, March 8, 2013 Link to: Trade Alert - (FXY) 1 of 2, March 8, 2013 Trade Alert - (FXY) 1 of 2, March 8, 2013 Link to: Trade Alert - (FXY) March 8, 2013 Link to: Trade Alert - (FXY) March 8, 2013 Trade Alert - (FXY) March 8, 2013
Scroll to top