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I have stayed long Australian stocks and whilst I sold my US bull call spreads I am having a bob each way as I still hold US bear put spreads.
Noel Campbell
7 Oct, 2003
It has been an interesting couple of weeks on the SPI200 since the market topped out around the 3250''s.
The market sits in an interesting position at the moment. It has come off from recent strong highs and has understandably corrected.
A bull put spread is created by purchasing a lower strike put and selling a higher strike put with the same expiration dates.
Whether you trade the Australian Dollar or are live in the country you cannot help but have some exposure to our currency.
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