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hungry_hippo
May 12, 2021 4:04 PM

USD/TRY Turkey Run (TUR puts) 

USD/Turkish Lira FuturesBIST

Description

Back in 2018 I made a killing on TUR puts when there was a bank run on the Turkish Lira. Could happen again this weekend.

Threw all my profits from today into TURd puts. This could be a double top though.

Trade active

Added some more because some idiot's selling $23 puts for 60 cents

Comment

I'd buy more if I hadn't already loaded the boat, lol. Bid/ask hasn't changed even though TUR went down 15 cents more.

Trade closed manually

Decided to go all cash. Not watching the market the rest of the week
Comments
MightAssTouch
Opened short positions in TUR, JPM, TAL (formerly GSX)
kaka422617
TUR 210521 $23 put is enough? Thanks
hungry_hippo
@kaka422617, that's what I bought, some idiot's selling them for 60 cents, worth a shot. Remember, it's you're money and I'm not a financial advisor.
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