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Currency options

Discussion in 'Beginners Bootcamp' started by brich, Nov 18, 2007.

  1. brich

    brich Recruit

    Joined:
    Nov 17, 2007
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    Hello everyone, this is my first posting to this site.

    I'm interested in OTC currency options. Can someone recommend a good book on the matter? I'm finding little useful information on the Internet.

    Anyone else trading OTC currency options or PHLX, ISE, CurrencyOptions (Rydex)? Would be great to hear your experiences.

    I've already had some successful spread bets with OTC currency options. My typical bet runs for a week or less. I never have more than 2 weeks expiry and I try to get an option about 100 pips out of the money. This gives me the biggest bang for my buck, but I'm not sure it is a strategy that will be profitable in the long run.

    Cheers
    Jesper
     

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