Shorting GBP->USD by buying puts on FXB. Thoughts?

by | Sep 30, 2022 | Resources

Shorting GBP->USD by buying puts on FXB. Thoughts?

Invesco CurrencyShares British Pound Sterling Trust (FXB):
FXB delivers exposure to changes in value of the British pound (GBP) relative to the US dollar.

I just bought some $113 puts expiring 10/21. How many tendies will I get, and when should I exercise/sell?



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Shorting GBP->USD by buying puts on FXB. Thoughts?


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