@leo9127 on EURUSD | PriceONN Community

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leo9127 PRO newbie
EURUSD Mar 2
EURUSD looking oversold on the RSI this morning. Could be a short-term bounce coming, but with the news out of the Middle East, I'm hesitant to go long. Might be a good opportunity to buy some cheap puts as a hedge if you're already long on other positions. Anyone else thinking along those lines?
EURUSD

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leo9127 PRO newbie Mar 2
güncelleme: Just to add to my earlier comment, I'm thinking of buying some slightly OTM puts expiring this week. The premiums are pretty cheap considering the volatility we might see. If EURUSD breaks below S2 (1.17525), those puts could print nicely. I'll set a stop loss just in case the market decides to ignore the news and rally. I'm still learning options so any advice is appreciated. Is anyone else trading options on EURUSD?
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