(Close) SOM Japan Trade Idea 1: June 24, 2016, Buy 6-month 15000/17000 Calls on Nikkei

September 9, 2016

 

I opened this recommendation on June 24,with Nikkei at 15200, and yen at 102.2. The cost was 6.5 pt USD for 15000/17000 call spread for December. I recommended closing this trade on Sept 9, with the Nikkei at 17000 and the yen at 102.2 at 15.5 pts USD.  A net payout of 138% or 1.4 to 1. I then recommend moving the strikes to 17000/19000 for a march 2017 expiration  at a cost of 6.5 pts USD. 

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