Chivas Posted June 17, 2012 Share Posted June 17, 2012 I personally suspect that todays Greek vote will go in favour of the anti austerity party and that stocks across the board will gap well down on opening..... Of course if the Pro austerity party gains the vote then just as likely we will see stocks gap upwards...... My idea of hedging is to be out of the market completely and wait to see which way the wind blows !! You are hedged against a drop but not a bounce. Exactly right-I'll take my chances over the next 24 hours and stay out..... I suspect there will be a big opportunity just prior to main market opens at 0700 BST monday morning...... Only my opinion. Link to comment Share on other sites More sharing options...
manarak Posted June 17, 2012 Share Posted June 17, 2012 Who knows how I can get access to BRL money markets, which broker does non-deliverable swaps on BRL? not sure but if Oanda doesn't do BRL denominated NDFs no other broker will and you have to resort using a "real" full fledged bank. p.s. i just checked Oanda. no sign of BRL anywhere. Yes, I need an institution offering BRL NDFs - I haven't heard of any bank offering it. Link to comment Share on other sites More sharing options...
Gary A Posted June 17, 2012 Share Posted June 17, 2012 Opinion on the Euro; Sounds to me like he knows what he is talking about. Link to comment Share on other sites More sharing options...
yoshiwara Posted June 17, 2012 Share Posted June 17, 2012 Opinion on the Euro; Sounds to me like he knows what he is talking about. He is an opinionated idiot with no solutions. Just pissing on the field from the sidelines. Link to comment Share on other sites More sharing options...
churchill Posted June 17, 2012 Share Posted June 17, 2012 Opinion on the Euro; Sounds to me like he knows what he is talking about. He is an opinionated idiot with no solutions. Just pissing on the field from the sidelines. He did not agree with the Euro in the 1st place ...and he does have solutions .. He thinks the Greeks should withdraw ..devalue What solutions have barosso and Co come up with .. they are the ones with heads buried in the sand .. kicking the can .. and as for pissing on the pitch from the side lines I can think of a couple of TV members .. Link to comment Share on other sites More sharing options...
yoshiwara Posted June 17, 2012 Share Posted June 17, 2012 Opinion on the Euro; Sounds to me like he knows what he is talking about. He is an opinionated idiot with no solutions. Just pissing on the field from the sidelines. He did not agree with the Euro in the 1st place ...and he does have solutions .. He thinks the Greeks should withdraw ..devalue What solutions have barosso and Co come up with .. they are the ones with heads buried in the sand .. kicking the can .. and as for pissing on the pitch from the side lines I can think of a couple of TV members .. He has no skin in the game and never will, so talk is cheap. He is also anti-EU, so nobody is interested in what he says apart from a few nutters. As for your inference about certain TV contributors I am shocked, deeply shocked.............................. Link to comment Share on other sites More sharing options...
churchill Posted June 17, 2012 Share Posted June 17, 2012 'As for your inference about certain TV contributors I am shocked, deeply shocked.............................. ' 'He is also anti-EU, so nobody is interested in what he says apart from a few nutters.' .........because they are unrepresentative and are only there for the fare .. and their pensions More and more of the populations of europe are not taking the waffle of Barroso , gollum & co for granted .. look at recent elections in France ..Farage is being proven by events that he should have been listened to a lot earlier .. Link to comment Share on other sites More sharing options...
yoshiwara Posted June 17, 2012 Share Posted June 17, 2012 'As for your inference about certain TV contributors I am shocked, deeply shocked.............................. ' 'He is also anti-EU, so nobody is interested in what he says apart from a few nutters.' .........because they are unrepresentative and are only there for the fare .. and their pensions More and more of the populations of europe are not taking the waffle of Barroso , gollum & co for granted .. look at recent elections in France ..Farage is being proven by events that he should have been listened to a lot earlier .. The populations are not voting against waffle. Don't be silly. They are voting for social democratic charlatans (France and Greece) who have been promising them a continued free lunch. The only usefulness of Farage is that his party sucks up support that might otherwise go to neo-Nazi organisations, but I am afraid you will have to wait two years before you can waste your time on the stump for him. Meanwhile back at the ranch........................ Link to comment Share on other sites More sharing options...
MrRealDeal Posted June 17, 2012 Share Posted June 17, 2012 It's not a hedge so much but an investment\gamble ...... I bought puts and calls on the TNA friday, I expect the markets to move one way or the other enough to make a pretty good return. The TNA is the russel 2000 triple index and it moves pretty well on market swings. Link to comment Share on other sites More sharing options...
pipo1000 Posted June 17, 2012 Share Posted June 17, 2012 Anyone an idea where to view the latest in the Greek election results? Link to comment Share on other sites More sharing options...
yoshiwara Posted June 17, 2012 Share Posted June 17, 2012 It's not a hedge so much but an investment\gamble ...... I bought puts and calls on the TNA friday, I expect the markets to move one way or the other enough to make a pretty good return. The TNA is the russel 2000 triple index and it moves pretty well on market swings. Mr Straddle! How was the pricing? Link to comment Share on other sites More sharing options...
MrRealDeal Posted June 17, 2012 Share Posted June 17, 2012 (edited) I bought some around TNA price of 47.5 ...... about 2 dollars 48 calls 47 puts I bought 46 puts for about 1.20 and 50 calls for 1.20 when it went to 48 ..... and then it ended the day around 49 so I bought 49 puts and calls for around 2.20 each ....... If it goes to 45 or 51 on Monday im good .... if not the deterioration of the options going into thursday will kill me. I will probabbly cash out wed after the fed makes it's statement. Pretty much a move of 1 or 2 percent or more in the overall markets 2 days in a row is what im hopeing for , I have a feeling my 46 and 50 straddle won't work out so well but it was a gamble on a bigger move than I expect, but one that everyone else seems to expect. The priceing didn't reflect the greek vote just the normal price of the options so I thought it was a good time to strike ..... pun intended ! lol I am actually wanting for either 53 or better or 44 or worse if that happens and it moves in the same direction on the 3rd day it's gona do really well. 5-10 percent in a day is not unusual for this at all. Edited June 17, 2012 by MrRealDeal Link to comment Share on other sites More sharing options...
pipo1000 Posted June 17, 2012 Share Posted June 17, 2012 I bought some around TNA price of 47.5 ...... about 2 dollars 48 calls 47 puts I bought 46 puts for about 1.20 and 50 calls for 1.20 when it went to 48 ..... and then it ended the day around 49 so I bought 49 puts and calls for around 2.20 each ....... If it goes to 45 or 51 on Monday im good .... if not the deterioration of the options going into thursday will kill me. I will probabbly cash out wed after the fed makes it's statement. Pretty much a move of 1 or 2 percent or more in the overall markets 2 days in a row is what im hopeing for , I have a feeling my 46 and 50 straddle won't work out so well but it was a gamble on a bigger move than I expect, but one that everyone else seems to expect. The priceing didn't reflect the greek vote just the normal price of the options so I thought it was a good time to strike ..... pun intended ! lol I am actually wanting for either 53 or better or 44 or worse if that happens and it moves in the same direction on the 3rd day it's gona do really well. 5-10 percent in a day is not unusual for this at all. You're sure you aren't risking your life savings while investing that kind of money,do you. Link to comment Share on other sites More sharing options...
MrRealDeal Posted June 17, 2012 Share Posted June 17, 2012 (edited) I obviously bought a LOT more than 1 contract each ! lol .... But since it could all go to 0 it is a pretty risky gamble , but not my lifesavings either ! Edited June 17, 2012 by MrRealDeal Link to comment Share on other sites More sharing options...
yoshiwara Posted June 17, 2012 Share Posted June 17, 2012 (edited) I bought some around TNA price of 47.5 ...... about 2 dollars 48 calls 47 puts I bought 46 puts for about 1.20 and 50 calls for 1.20 when it went to 48 ..... and then it ended the day around 49 so I bought 49 puts and calls for around 2.20 each ....... If it goes to 45 or 51 on Monday im good .... if not the deterioration of the options going into thursday will kill me. I will probabbly cash out wed after the fed makes it's statement. Pretty much a move of 1 or 2 percent or more in the overall markets 2 days in a row is what im hopeing for , I have a feeling my 46 and 50 straddle won't work out so well but it was a gamble on a bigger move than I expect, but one that everyone else seems to expect. The priceing didn't reflect the greek vote just the normal price of the options so I thought it was a good time to strike ..... pun intended ! lol I am actually wanting for either 53 or better or 44 or worse if that happens and it moves in the same direction on the 3rd day it's gona do really well. 5-10 percent in a day is not unusual for this at all. You're sure you aren't risking your life savings while investing that kind of money,do you. He will not be losing his life savings. The maximum he can lose is the total cost of the puts and spreads ie the commission. The beauty of options is that if a purchased option contract goes against you then it can be abandoned. It is an option to buy or sell, not an obligation to do so. Edited June 17, 2012 by yoshiwara Link to comment Share on other sites More sharing options...
MrRealDeal Posted June 17, 2012 Share Posted June 17, 2012 And my pride ! .... This is actually one of those trade I made pretty much to prove to myself I still know what I am doing ! lol ....... I call it the "principle of the thing " trade ! Link to comment Share on other sites More sharing options...
manarak Posted June 17, 2012 Share Posted June 17, 2012 (edited) French election results are in: socialist majority in parliament ! (>50%) not good at all for the EUR (har har) when are the Greek results due in? Edited June 17, 2012 by manarak Link to comment Share on other sites More sharing options...
Naam Posted June 17, 2012 Share Posted June 17, 2012 French election results are in: socialist majority in parliament ! (>50%) not good at all for the EUR (har har) when are the Greek results due in? EURUSD >1.27 ! Link to comment Share on other sites More sharing options...
Naam Posted June 17, 2012 Share Posted June 17, 2012 I'm buying Greek debt, as it has a truly fantastic interest rate. care to share how do you buy the greek debt as an individual as usually they deals in hundreds of thousands. I am interested in greedk debts too you can buy Greek debt for as low as €UR 100 at a dozen European exchanges. there is no minimum batch trade limit! GR0128010676 Mat: 2023 14.60/15.60 GR0128011682 Mat: 2024 13.65/14.45 GR0128012698 Mat: 2025 13.00/13.95 GR0128013704 Mat: 2026 12.90/13. GR0128014710 Mat: 2027 12.85/13.75 GR0133006198 Mat: 2028 12.65/13.40 GR0133007204 Mat: 2029 12.25/13.25 GR0133008210 Mat: 2030 12.00/13.30 GR0133009226 Mat: 2031 12.00/13.10 GR0133010232 Mat: 2032 12.00/13.00 GR0138005716 Mat: 2033 12.00/13.15 GR0138006722 Mat: 2034 11.80/12.90 GR0138007738 Mat: 2035 11.80/12.65 GR0138008744 Mat: 2036 12.00/12.80 GR0138009759 Mat: 2037 11.75/12.70 GR0138010765 Mat: 2038 11.90/12.85 GR0138011771 Mat: 2039 11.90/12.85 GR0138012787 Mat: 2040 11.90/12.75 GR0138013793 Mat: 2041 11.50/12.50 GR0138014809 Mat: 2042 12.00/13.00 GGB GDP Warrant 0.288/0.328 Link to comment Share on other sites More sharing options...
manarak Posted June 17, 2012 Share Posted June 17, 2012 French election results are in: socialist majority in parliament ! (>50%) not good at all for the EUR (har har) when are the Greek results due in? EURUSD >1.27 ! It's ok... EUR/AUD 1.2555 1.2561 1.2559 1.2566 1.2550 0.0019 0.15% 21:46:27 Link to comment Share on other sites More sharing options...
yoshiwara Posted June 18, 2012 Share Posted June 18, 2012 And my pride ! .... This is actually one of those trade I made pretty much to prove to myself I still know what I am doing ! lol ....... I call it the "principle of the thing " trade ! What are the expiration dates? No breakout today for you methinks. Link to comment Share on other sites More sharing options...
letitbe Posted June 18, 2012 Share Posted June 18, 2012 gold and silver it will always be worth something which you cant say about bonds and short/medium term property and large cap stocks will be fine the income might not be so we dont want to be forced into fire sales just to pay the bills. We have round 25% in PM and hope to increase that to 50% after which our property and stocks will be fine over next 15-20 years and in meantime even if gold drops 50% in real terms my family should be ok but with a large decrease in living standards and the champers will have to go as will 1 maid. My wife might even have to work again now that will come as a shock after 17+ years. Link to comment Share on other sites More sharing options...
Gary A Posted June 19, 2012 Share Posted June 19, 2012 I consider land in Thailand to be the best investment. Your wife can grow enough to feed you. You say that a farang cannot own land? Your wife can throw you out anytime? That is indeed true so you have to decide whether to trust your wife or the bank. I don't trust Wall Street, lawyers or banks so my gamble in on my wife. At least if things go bad she will be ahead and not some fat cat big wig corporate thief. Link to comment Share on other sites More sharing options...
yoshiwara Posted June 19, 2012 Share Posted June 19, 2012 I consider land in Thailand to be the best investment. Your wife can grow enough to feed you. You say that a farang cannot own land? Your wife can throw you out anytime? That is indeed true so you have to decide whether to trust your wife or the bank. I don't trust Wall Street, lawyers or banks so my gamble in on my wife. At least if things go bad she will be ahead and not some fat cat big wig corporate thief. Have you considered that your wife might be considered sub-prime and not AAA some day? Link to comment Share on other sites More sharing options...
Naam Posted June 19, 2012 Share Posted June 19, 2012 I consider land in Thailand to be the best investment. Your wife can grow enough to feed you. You say that a farang cannot own land? Your wife can throw you out anytime? That is indeed true so you have to decide whether to trust your wife or the bank. I don't trust Wall Street, lawyers or banks so my gamble in on my wife. At least if things go bad she will be ahead and not some fat cat big wig corporate thief. Have you considered that your wife might be considered sub-prime and not AAA some day? and have you considered that not everybody has a Thai wife? 1 Link to comment Share on other sites More sharing options...
manarak Posted June 19, 2012 Share Posted June 19, 2012 interesting, the USD is in free fall vs. EUR, had lost all the ground it made yesterday. What happened? Link to comment Share on other sites More sharing options...
yoshiwara Posted June 19, 2012 Share Posted June 19, 2012 interesting, the USD is in free fall vs. EUR, had lost all the ground it made yesterday. What happened? Relief on euro re Greek election plus anticipation of further monetary easing at forthcoming Fed meeting. Link to comment Share on other sites More sharing options...
MrRealDeal Posted June 19, 2012 Share Posted June 19, 2012 And my pride ! .... This is actually one of those trade I made pretty much to prove to myself I still know what I am doing ! lol ....... I call it the "principle of the thing " trade ! What are the expiration dates? No breakout today for you methinks. Expiry is this friday ...... it's slightly less than break even now on the upside , (I am wrighting this TEWS) so now I am hopeing for a greek coalition or something good from Ben tomorrow , it's didnt work out like I had hoped but it's getting there , tomorrow I will get out of whatever has made me money and let the rest expire worthless ..... I think ! lol Link to comment Share on other sites More sharing options...
manarak Posted June 19, 2012 Share Posted June 19, 2012 interesting, the USD is in free fall vs. EUR, had lost all the ground it made yesterday. What happened? Relief on euro re Greek election plus anticipation of further monetary easing at forthcoming Fed meeting. mo netary easing from the fed is of course bad for the USD - looks like EUR and USD are racing down, while the Yuan watches, worried that it can't keep up. But somewhere I read that China needs huge inflation to prevent a revolution... Link to comment Share on other sites More sharing options...
topt Posted June 20, 2012 Share Posted June 20, 2012 mo netary easing from the fed is of course bad for the USD - looks like EUR and USD are racing down, while the Yuan watches, worried that it can't keep up. But somewhere I read that China needs huge inflation to prevent a revolution... Can you explain that as sitting here (in China) I would have said the opposite........or is there some irony i have missed? Link to comment Share on other sites More sharing options...
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