Trades Placed by optionFair
OIL
Christopher Lewis stated in his analysis of OIL that, “I will buy near the 95$ level”. This indicates an investment opportunity through the instruments: “High”, “Touch” and “No Touch”.
I logged onto the OptionFair trading platform and traded $1600 on the "High" instrument. This kind of option has a potential return of 84% if the option closes above the target price, which means that if the signal is correct I could get a return of $1344 on my investment.
The target price for OIL at the buying time (13:04) was 95.915 for the expiry of 13:30. The asset closed at the price of 95.935 and I made $1344 in less than 30 minutes.
USD/CAD
Christopher Lewis stated in his analysis of the USD/CAD that, “I am only looking at buying currently”. This indicates an investment opportunity in the following instruments: “High”, “Touch” and “No Touch”.
Through OptionFair’s trading platform, I traded $1500 on the “Touch” instrument. This kind of option has a possible return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1070 on my investment.
The market price for the USD/CAD at the buying time (12:30) was 1.01154 and the target price was 1.01176 for the expiration of 13:00. The asset touched my target price at 12:51 and I made $1070.
