The new (shall we say, "newest") Greek bailout has pushed the Euro higher today. How many plans will they come up with?
This currency has gone up and down like a yo-yo. How can an investor profit? below are straddles for April and May. April's are extremely risky as they expire this week.
These are computed with StraddlesCalc, which shows the maximum move required for the position to achieve profitability. In this case, this is a 1.1% move this week, or a 2.8% (at most) for next month.
Options are very dangerous and may cause 100% loss. Please do your own due diligence. THis is not advice.