Thursday, March 3, 2011

Effect Eating Beeswax

Futures: Swiss Franc

In my opinion we should be near the end of the strong upward movement of the Swiss franc against the dollar, even if you can extend up to 1.0966 for future (ca. 0.9120-0.9130 cash USDCHF), with this in mind I bought yesterday the 0.99 put option expires in June that will increase to 0.0027 if 1.0966 was reached in a short time.

currently do not have a well-defined target, however, say that I would expect a return in time to cross at least about equal.

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