ACE JPY-USD - August 05, 2019

Below is an illustration trading futures options on JPY-USD.  Our post shows bullish and bearish positions using a combination of call and put options.


Trade Options on Futures

Corn * Directional & Neutral Positions

Get your copy of Paul Forchione's book, "Trading Calendar Spreads" or "Strangle Swaps".  Learn techniques from a professional options trader to manage risk while speculating on futures markets.

 Calendar Spreads.small ebook.cover.Strangle.Swaps.small 

 

Click here to view Paul's eBook


By using our website, you agree to accept our terms of use (click to read)


Volatility Curve & Skew
 
6J volcurve skew

Volatility

Options fall into the category of being slightly undervalued in non-volatile markets in the weekly options report. 
Ask about the Weekly Option's Report for more information or watch our video

6j vol


Notes:

Contract Size - 12,500,000 Japanese Yen

Tick Size:  Outrights: .0000005 USD per JPY increments (6.25 USD)

Trading Hours: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT).

* Tip: Click here to read a helpful tip about JPY futures and options


JPY-USD Charts

6J month

6J weekly

6J daily

6J 4hr

* Tip: Click here on enlarging images


Strategies

Below is a broken wing butterfly with bias to the upside. The position will benefit if the yen continues a slight trend higher and implied volatility were to drop slightly reverting towards historic levels.

The % yield shown in the diagrams below represent an estimated return on margin from projected dates shown below.

6J Fly post

Below is an illustration of the position with a -1% drop in implied volatility.

6J Fly post iv minus 1

Learn More

We look forward to answering your questions and helping you get started