Long a Oct 4 .7500 / Oct 4 7600 CAD 1:3 backspread in calls at .05 credit because of crude, MXP, ZB, and Destriero. I did the backspread instead of simply buying calls because I’m wary of buying “Weak sisters”, which CAD was at the time. I felt CAD was in a polarized situation so I took a big gamma position that would not lose much money if CAD went the other way. I got my drinking money back and then some so far!
I don't post this to rub anyone's nose in it. Anyone want a shot at the title? AND more than 100 pips on the day. Om nom nom.
I thought you positioned for a long term trade but then gloat like a newbie who made his first 100 pips? Outright strange. You got rewarded for the mess in the UK which neither you nor anyone could predict. It benefitted sterling.
I didn't make any money on the trade, but i'd like to brag about calling the top by 5 pips Not the one to call tops/bottoms, but the surgical precision is somewhat satisfying when it all comes together. Anyways, good job. You've made more money than i have ahaha lol.fk