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Greatest currency trades using options


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Options can be used regularly, when there are fundamental price drivers of currencies.Options allow traders to minimize risk and maximize profits.

 

Trade ideas can be devised like professionals do.

 

Greatest currency trades ever made

 

Andy Krieger Vs. the Kiwi
In 1987, Andy Krieger, a 32-year-old currency trader at Bankers Trust, was carefully watching the currencies that were rallying against the dollar following the black monday crash. Using the relatively new techniques afforded by options, Krieger took up a short position against the kiwi worth hundreds of millions of dollars .Krieger made millions for his employers

 

Great Currency trader 

 

https://en.wikipedia.org/wiki/Bill_Lipschutz

 

By 1985, Lipschutz was making $300 million per year for Salomon Brothers.Bill Lipschutz summed it up when he said, "Out of 250 trades in a year, it comes down to five, three of those will be wrong and you will lose a fortune and two will be right and you will make a fortune; for the other 245 trades-you should have been sitting on your hands."

 

This was a nice trade  .

 

https://community.ig.com/t5/FX-and-Cryptocurrency/Eur-Usd-weekly-trade-comments/m-p/20661#M2693

 

 

 

 



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If currency traders are smart enough, they understand fundamental they can be great  and they can make great  trades at I G using options, as per this example.

 

https://community.ig.com/t5/FX-and-Cryptocurrency/Weekly-option-trade-USDJPY/m-p/21624#M2815

 

https://community.ig.com/t5/FX-and-Cryptocurrency/Using-options-on-fx-trading-profit/td-p/19068

 

By risking small amounts , there is potential to earn huge pips.

 

great currency trades.jpgusd chf.jpg

 

 

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STANLEY DRUCKENMILLER 

Stanley Druckenmiller made this historic trade as a trader working for George Soros’ Quantum Fund. He went long on the German mark because of the fall of the Berlin Wall, and the undervaluation that was going on during the reunification between East and West Germany. Legend has it that Stanley initially bet a few hundred million dollars, until Soros told him to raise the bet to $2 billion. That year, the Quantum fund brought in 60% returns.
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