Keep events to be triggered
- Poloz speech: Poloz of BoC is due to speak in chamber o commerce and hold a press conference through which the traders attempt to figure out any rate cut hints that was left unchanged.
- Wholesale sales MoM: This leading Canadian economic indicator is scheduled to be released tomorrow. It was printed at -0.4% in previous period, it is now estimated to be at 0.3%
On the verge of the above significant economic news, let's suppose we are buying At-The-Money calls of this pair as shown the figure.
Trade Analysis: The current NPV on ATM call option of this pair (100,000 units) seems expensive, when exchange rate of this pair was at 1.21851; the NPV was 600.67 whereas it was available at 687.22 (trading at prem.14.41%). Delta at this juncture was 50,583.40. So if one thinks to buy this contract at current levels which we say this could be expensive.
Hence, we think it would be better if we can devise cheaper trader ideas, alternatively spreads can be more conducive this circumstance.


Who should own the knowledge that underpins AI technology?
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat?
China’s robots can run faster than Usain Bolt – now they are being prepared for war
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise
What is Zionism? The different meanings of a contested term 



