top of page

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


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.


bottom of page