US OptionsDetailed Quotes
FXY240816C59000
- 1.45
- +0.20+16.00%
15min DelayClose Jul 25 16:00 ET
1.70High1.40Low
1.70Open1.25Pre Close26 Volume139 Open Interest59.00Strike Price3.81KTurnover10.19%IV0.62%PremiumAug 16, 2024Expiry Date1.08Intrinsic Value100Multiplier21DDays to Expiry0.37Extrinsic Value100Contract SizeAmericanOptions Type0.8070Delta0.1833Gamma42.16Leverage Ratio-0.0162Theta0.0281Rho34.02Eff Leverage0.0401Vega
Japanese Yen Trust Stock Discussion
$S&P 500 Index(.SPX.US)$ and $NASDAQ(NASDAQ.US)$ ended a seven-day winning streak, pulling back from record highs, with the Nasdaq dropping nearly 2%. The "Magnificent Seven" saw their biggest sell-off in a year and a half, with $Tesla(TSLA.US)$plummeting 8.4%, its worst performance in nearly six months, ending its 11-day rally. $NVIDIA(NVDA.US)$fell 5.6% ...
Shorting volatility, although akin to grabbing a hot coal, can be profitable if managed well. The volatility of $Super Micro Computer(SMCI.US)$ is excessively high; there are even trades for 1800 call options at expiration. Obviously, this strike price is unattainable, but due to the high volatility, there's a significant risk of interim losses. Position control is crucial; one must avoid being liquida...
Short-Term Rally in the Yen
The yen has been on a big rally for over a month now. This is mostly due to the expectation that the Fed will stop cutting interest rates. Ueda also hinted towards the idea of increasing interest rates in his previous comments. This would add strength to the yen. But I won't believe it until I actually see it.
Forex Machanics
There are a few variables that could affect the path of yen ...
$Japanese Yen Futures(SEP4)(6Jmain.US)$
$Japanese Yen Trust(FXY.US)$ $Proshares Ultra Yen(YCL.US)$
Macro Update
Over the weekend, the Bank of Japan Governor Kazuo Ueda said that the central bank could end its negative interest rate policy when the 2% inflation target is sustainability achieved. He added that the BOJ could have enough data by the end of the year to determine whether it can proceed with policy changes.
Yen futures are reacting strongly to start off the week in japanese bond and forex markets. The yen has taken a beati...
These expectations are fueled by Japan's elevated inflation and the illiquidity of its bond market. Although new Governor Kazuo Ueda is expected t...
The Japanese recently ended its long-term downtrend. This news coming from the BOJ is going to give the yen further strength. If the yen is going up then you want to buy the yen through these two ticker symbols: $Japanese Yen Trust(FXY.US)$ and $Proshares Ultra Yen(YCL.US)$. If you don't believe in this yen strength then short the yen through this ticker symbol: $ProShares UltraShort Yen(YCS.US)$
The ...
The Japanese Yen experienced a very bullish day Last Friday. One of the most bullish days it has had in quite some time. This was caused by news headline coming from the Bank of Japan. The BOJ is going to intervene in the FX markets to support the japanese yen. This strengthened the yen big time by creating artificial demand for the yen which added to the bearishness of the US dollar on Friday. All of the other...
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