Taking profit on the 1.6525 Put on Cable
The Cable dropped sharply during the last five days and Stochastics started to become oversold.
Let's take our profit on the 1.6525 Put.
Source: Saxo Bank
Entry: Sell back the 1.6525 Put (Bought on January 30 at 0.0141) at 0.0274
Profit = Exit Price - Entry Price
= 0.0274 - 0.0141 = 0.0133
For GBPUSD 100,000 of nominal value you paid a premium of USD 1.410 (0.0141*100,000) to realise a net profit of USD 1,330 (0.0133*100,000)
Return on Investment
=Net Profit/Net Premium Paid*100
= 94.32 percent
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