Friday, April 25, 2014

Closed FXP trading position long, opened regular size FXI trading position long & FXI Calls

I closed the FXP trading position long...

There's no point in being long FXI and FXP is there and FXP looks ready for a pullback.

I opened an FXI equity long trading position to replace the one above and also opened FXI May 17th (expiration) $34 calls.

The Call position is a little smaller than usual since there's already exposure in FXI equity long, I basically tried to make it about the size of a normal trading position.

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