We have a currency options trading alert today on the New Zealand dollar against the US dollar on the NDO options contract. With the US dollar looking set to decline further following last week's FED statement which clarified the QE2 policy, and following a short term bounce higher, we now expect the US dollar to fall further as the quantitative easing programme begins to gain traction, with the USD index continuing to look bearish for the longer term. As such our trading recommendation is on the NDO ( NZD/USD) with a pivot at 76.50 and a forecast move higher towards 81.50 or even 84 in due course.
In order to leverage our trend opinon on the NZD, we would suggest the following currency options trading strategy which is to buy the December call contract at 10.79. Good luck with this trade
In order to leverage our trend opinon on the NZD, we would suggest the following currency options trading strategy which is to buy the December call contract at 10.79. Good luck with this trade
Option as a strategic investment offers to its investors a high return on its investments. The return investors make on the right selection in option trading is far greater than any stock investment. Option can get you about 60-70% and even more on your investments and in the same scenario your stocks may give you a return of only about 10-15%.
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