Personal Forex Coaching
By Forex Tips on Tuesday, October 18th, 2011 | 2 Comments
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If you've never traded the Foreign exchange before, particularly if you've never day traded the Foreign exchange before, then you're going to completely be snuffed out.
Typically, what happens is you will be given the denfirefce between the strike price and the current market price, as clearly the Writer of the Option cannot physically deliver a curreny pair at an older, lesser price than the market. So they owe to indemnify you, or place in you in a financial position similar to that as if you have the pair at the current market value.Now as for option contracts, YOU DO NOT need to exercise them if they are about to expire. That would make no sense, as if they are out-the-money’ you would lose money. A contract can expire, leaving you out the contract’s premium. Hope this helped