0.00Open1.78Pre Close0 Volume7 Open Interest99.00Strike Price0.00Turnover452.72%IV128.42%PremiumNov 15, 2024Expiry Date0.00Intrinsic Value100Multiplier7DDays to Expiry1.78Extrinsic Value100Contract SizeAmericanOptions Type0.1596Delta0.0089Gamma24.79Leverage Ratio-0.4740Theta0.0010Rho3.96Eff Leverage0.0146Vega
ProShares UltraShort Yen Stock Discussion
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 ...
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 ...
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...
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...
*A bear rally, no matter what starts it (chicken or the egg- doesn't matter there is a chicken that lays eggs) is money traders and sho...
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