OK, fair enough. Thank you for responding. I was't sure I would find anyone with good insight. How about I start with three questions. I have many more, but they can wait.
Assuming you believe the dollar will rise relative to the Euro in the next 3 weeks, why would you use the SPOT option to hedge a position rather than a normal option?
Do you use options to provide down side protection on a position such as buying puts? If so, what indicators do you use to help identify when to buy the put?
Are there any rules on when to use SPOT options rather than normal options?
Thanks for your assistance.