11 April 2011

Short Sterling Spread : Initiated Long FSSU1/H2 @ +55

  • Bought Sep11/Mar112 short sterling spread @ +55. Just to get involved and stay interested.
  • Technically not a particularly interesting entry point here. But given rate hike expectations, think it will be difficult to get in long below +50. Guess +63 and +75 good targets to aim for.

1 comment:

Taichiseal said...

Increased at +53