0.70Open0.68Pre Close6 Volume1.26K Open Interest22.00Strike Price447.00Turnover20.58%IV1.15%PremiumDec 20, 2024Expiry Date0.61Intrinsic Value100Multiplier21DDays to Expiry0.26Extrinsic Value100Contract SizeAmericanOptions Type0.7351Delta0.2927Gamma26.60Leverage Ratio-0.0106Theta0.0091Rho19.55Eff Leverage0.0178Vega
Proshares Ultra Yen Stock Discussion
small long position wont hurt, price action appears favourable
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 ...
$Japanese Yen Futures(DEC4) (6Jmain.US)$
$Japanese Yen Trust (FXY.US)$ $Proshares Ultra Yen (YCL.US)$
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...
Does anyone know if the change in the Proshares leveraged funds account for overnight price fluctuations, or does it only account for change during normal/premarket trading hours?
Just viewing the charts it appears that they don’t. But at the time I’m using the MooMoo mobile app and it’s hard to be sure it’s accurate as my PC often shows more detail.
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 ...
so apparently the bank of Japan is appointing this guy that wrote the book on exiting monetary easing literally.
if everything goes as I predicted then soon the Euro and the yen should start getting bullish as the dollar starts getting more bearish.
I am waiting anxiously for these turnaround moments to get into some longer term investments in the currency space.
it was appearing like the dolla...
The Yen's has been falling rapidly during this global market downturn. It is showing signs of a slowdown. It might be a good idea to watch for some possible exposure. Maybe some leveraged shares tagged to the Yen? $ProShares UltraShort Yen (YCS.US)$ $Proshares Ultra Yen (YCL.US)$ $Japanese Yen Trust (FXY.US)$