{"id":1595641,"date":"2013-09-24T14:02:28","date_gmt":"2013-09-24T08:32:28","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=1595641"},"modified":"2013-09-24T14:02:28","modified_gmt":"2013-09-24T08:32:28","slug":"usdinr-does-a-long-call-condor-make-sense","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2013\/09\/24\/usdinr-does-a-long-call-condor-make-sense\/","title":{"rendered":"USDINR &#8211; Does a Long Call Condor make sense?"},"content":{"rendered":"<p>The Avg. True Range of USDINR is\u00a01.06 with volatility coming in at\u00a00.24. An October 62.0\/62.5\/63.0\/63.5 Long Call Condor will allow you to bet on the Rupee staying within a range.<\/p>\n<p><a href=\"http:\/\/stockviz.biz\/tag\/USDINR\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1595651\" alt=\"USDINR Long Call Condor\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/09\/add8987f233048acaa40492e41dda63e635156271220353000.png\" width=\"640\" height=\"480\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/09\/add8987f233048acaa40492e41dda63e635156271220353000.png 640w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/09\/add8987f233048acaa40492e41dda63e635156271220353000-300x225.png 300w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2013\/09\/add8987f233048acaa40492e41dda63e635156271220353000-400x300.png 400w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>The market value is coming in at Rs. -155.00 but as you can see from the payoff diagram, the max profit is upwards of Rs. 500.<\/p>\n<p>The Rupee will move if Rajan or Chidambaram announce something about controlling CAD or tinkering with the rates. Is Rs. 155 enough compensation for the Rajan risk?<\/p>\n<p>&nbsp;<\/p>\n<h6 class=\"zemanta-related-title\" style=\"font-size: 1em\">Related articles<\/h6>\n<ul class=\"zemanta-article-ul zemanta-article-ul-image\" style=\"margin: 0;padding: 0;overflow: hidden\">\n<li class=\"zemanta-article-ul-li-image zemanta-article-ul-li\" style=\"padding: 0;background: none;float: left;vertical-align: top;text-align: left;width: 84px;font-size: 11px;margin: 2px 10px 10px 2px\"><a style=\"padding: 2px;text-decoration: none\" href=\"http:\/\/stockviz.biz\/index.php\/2013\/09\/16\/usdinr-charted\/\" target=\"_blank\"><img decoding=\"async\" style=\"padding: 0;margin: 0;border: 0;width: 80px\" alt=\"\" src=\"http:\/\/i.zemanta.com\/202444589_80_80.jpg\" \/><\/a><a style=\"overflow: hidden;text-decoration: none;line-height: 12pt;height: 80px;padding: 5px 2px 0 2px\" href=\"http:\/\/stockviz.biz\/index.php\/2013\/09\/16\/usdinr-charted\/\" target=\"_blank\">USDINR Charted<\/a><\/li>\n<li class=\"zemanta-article-ul-li-image zemanta-article-ul-li\" style=\"padding: 0;background: none;float: left;vertical-align: top;text-align: left;width: 84px;font-size: 11px;margin: 2px 10px 10px 2px\"><a style=\"padding: 2px;text-decoration: none\" href=\"http:\/\/stockviz.biz\/index.php\/2013\/09\/18\/usdinr-implied-vol-vs-realized-vol\/\" target=\"_blank\"><img decoding=\"async\" style=\"padding: 0;margin: 0;border: 0;width: 80px\" alt=\"\" src=\"http:\/\/i.zemanta.com\/203196740_80_80.jpg\" \/><\/a><a style=\"overflow: hidden;text-decoration: none;line-height: 12pt;height: 80px;padding: 5px 2px 0 2px\" href=\"http:\/\/stockviz.biz\/index.php\/2013\/09\/18\/usdinr-implied-vol-vs-realized-vol\/\" target=\"_blank\">USDINR Implied Vol vs. Realized Vol<\/a><\/li>\n<li class=\"zemanta-article-ul-li-image zemanta-article-ul-li\" style=\"padding: 0;background: none;float: left;vertical-align: top;text-align: left;width: 84px;font-size: 11px;margin: 2px 10px 10px 2px\"><a style=\"padding: 2px;text-decoration: none\" href=\"http:\/\/stockviz.biz\/index.php\/2013\/09\/17\/usdinr-time-to-sell-volatility\/\" target=\"_blank\"><img decoding=\"async\" style=\"padding: 0;margin: 0;border: 0;width: 80px\" alt=\"\" src=\"http:\/\/i.zemanta.com\/202919355_80_80.jpg\" \/><\/a><a style=\"overflow: hidden;text-decoration: none;line-height: 12pt;height: 80px;padding: 5px 2px 0 2px\" href=\"http:\/\/stockviz.biz\/index.php\/2013\/09\/17\/usdinr-time-to-sell-volatility\/\" target=\"_blank\">USDINR &#8211; Time to sell Volatility?<\/a><\/li>\n<\/ul>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px;height: 15px\"><img decoding=\"async\" class=\"zemanta-pixie-img\" style=\"border: none;float: right\" alt=\"\" src=\"http:\/\/img.zemanta.com\/pixy.gif?x-id=f76d09c6-48b7-4760-9e1f-1547c89bfef1\" \/><\/div>\n<p>[stockquote]ATULAUTO[\/stockquote] <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Avg. True Range of USDINR is\u00a01.06 with volatility coming in at\u00a00.24. An October 62.0\/62.5\/63.0\/63.5 Long Call Condor will allow you to bet on the Rupee staying within a range. The market value is coming in at Rs. -155.00 but as you can see from the payoff diagram, the max profit is upwards of Rs. &hellip; <\/p>\n","protected":false},"author":2,"featured_media":1595681,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[2721],"class_list":["post-1595641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-your-money","tag-usdinr","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1595641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=1595641"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1595641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/1595681"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=1595641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=1595641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=1595641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}