Edward Culchenko
Stock exchange news, options. Having analyzed economic situation in Australia, Commodity Trading Department has concluded that it is more vulnerable than US economy.
First factor is the declining rate of GDP growth, second – negative dynamics of retail sales, third – low interest rate that amounts to 4.25%, and fourth – low rate of inflation. All these factors, as well as many more, hinder the rise of Australian dollar against American; consequently, the pair started falling.
According to Commodity Trading Department of , this, in its turn, has been used for selling call options.
This operation was held at the end of January, when time value decay and well-chosen strike enabled to gain profit, even despite the fact that price was higher than at the starting point when the operation was over.
Edward Culchenko
