Trades placed by optionFair
USD/JPY
Christopher Lewis stated in his analysis of the USD/JPY that, “With the current market as the case, I am still only buying this pair.” This indicates an investment opportunity with the instruments; “High”, “Touch” and “No Touch”.
I logged onto the OptionFair trading platform and I traded $1,600 on the "High" instrument. This kind of option has a potential return of 70% if the option closes below the target price, which means that if the signal is correct I could get a return of $1,120 on my investment.
The market price for USD/JPY at the buying time (10:33) was 98.195 for the expiry of 10:40. The asset closed on 98.210 and I made $1,120.
EUR/JPY
Christopher Lewis stated in his analysis of the EUR/JPY that, “Going forward, I fully expect this area to offer enough support to push this market higher, and I do expect to see the 133 level fairly soon”. This indicates an investment opportunity with the following positions: “High”, “Touch” and “No Touch”.
On OptionFair’s trading platform I traded $1,700 with the “Touch” instrument. This kind of option has a potential return of 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1,224 on my investment.
The market price for the EUR/JPY at the buying time (13:10) was 130.020 and the target price was 130.105 for the expiration of 13:45. The Asset touched my target price at 13:24 and I made $1,224.
