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How to Bet Against the Euro Without Betting It Crashes.

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ticker lesson

Breakdown

0:006EU6· ticker

Euro FX futures — sell resistance at 114.5

  • Call credit spread: sell 114.5, buy 115 call
  • Collect 15 pip credit on 50 pip spread
  • Bearish to neutral trade
  • Euro needs to stay below 114.5
  • Max risk 35 pips (50-15)
1:45lesson

Defined-risk trades vs spot effects

  • Futures options offer cleaner risk map
  • Avoid spot quote haggling and cost of carry
  • Fixed strikes and visible expirations
  • Max profit/loss defined upfront
3:236EU6· ticker

Euro FX spread cost map

  • 15 pips = $1875, 50 pips = $6250
  • Max risk $4375 pre-fees
  • Break-even at 114.65
  • 7-8 cent credit triggers profit take
  • 15 days to expiration

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