EUR/USD expiry from Friday

Back on January 2nd, I sold a 1.46 call on EUR/USD expiring on Friday (10am NY time). The call expired at 1.85 points (ie EUR/USD was at 1.4785), so I'm down $680 on that, since I'd sold it at 1.51 points in $20/point equivalent.

Bit frustrating, as shortly after the ECB left rates unchanged on Thursday, EUR/USD drifted down close to 1.4650, making my option trade look pretty good. Not to be I guess.




I'll probably sell another call when the markets are open tomorrow. I certainly plan to be generally Euro-bearish this year anyway.


Yours,
2and20