I heard on Bloomberg today, that the Euro had a record breaking move today. A 19 month old record. It was after I heard that, that I decided to unload the volatility I bought back at 1.32. I made a few bucks, I think 4%, on the trade. After holding for about a week, it took at 19 month old record breaking day, to pull me from the red and into the black.
Then I remembered, THAT is why I don’t go long plain vanilla.