Putting options on the table
Making money with NZD put options has not been easy. Over 80% of 6-month NZD/USD put options with a strike price 3 cents out-of-the-money would have expired worthless in the last three years, in spite of some large NZD falls at times. But that does not give the full picture. There were also times when enormous returns were possible. Spend $5000 on an NZD/USD 9c out-of-the-money put option in July and it could have been $80,000 in August. Some people did. There were also many weeks when opportunities were presented to at least double your money … Read Positioning for the new year
