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CDD (USD/CAD on ISE): USD rebound in sight.
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16:11 GMT - 11:11 NYT - February 23, 2010
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Pivot :
102
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Our forecast :
Up move towards 107.50 or even 111.25.
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To leverage our Trend Opinion on the ISE Canadian Dollar currency rate we selected the following strategy.
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Option Strategy
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LONG CALL
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Action
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Buy to Open
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Last Price
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1.10 - 1.20
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Target
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At or above 2.30
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Stop loss
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At or below 0.90
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Option Details
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Type
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CALL
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Strike
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105.5
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Maturity
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Apr 10
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Option Ticker
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CNJ Apr 17 '10 $105.50 Call
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Option Market
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ISE Exchange
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Currency Rate
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ISE Canadian Dollar
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CurrencyTicker
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CDD
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* Volatility Cones can be used to visualize current option
implied volatility relative to historic volatilities at
different maturity ranges.
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* Historical volatility measures actual market fluctuations
of an underlying asset. Implied volatility is a measure of
market expectations regarding the underlying future fluctuations.
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