We expired at 8449

Exercise the 8450

Net gain of 1 tic on 50% of the position

And the Net gain of 25 tics on the balance

The net gain is 13 tics on the full position

Net loss is 2 tics or 13.3% of capital at risk

We bought 50% of the hedge at 8425

New Delta Hedge Orders

Buy 50% of the hedge at 8407

Sell 50% of the hedge at 8475

Buy 50% of the hedge at 8425

Sell 50% of the hedge at 8550

Total Cost 15 tics

No initial Delta hedge orders we will watch the price action

PRIVACY STATEMENT: FxVolResearch will not disclose, reveal, or sell to any third party the names of our clients or subscribers unless we have received the full consent of our client. FxVolResearch will not advertise or solicit business on the basis of our existing or future client list. We treat any information about our clients and their business activities as proprietary and confidential. Independence: Our research & consultancy services are offered free from any on-going or pre-existing economic relationships with any bank, broker-dealer, or liquidity provider. It remains unbiased and based solely on indicators developed in-house. ents will at all times remain confidential.