13m 5s: Lenght

As futures traders, we can remove the dollar component of trading various contracts by placing a pairs trade. Today, we do exactly that with Gold (/GC) and Yen (/6J) by trading in terms of Yen per ounce of Gold. Recently, Both Yen and Gold have been trading near their highs, but Gold in Yen terms is not near highs, making it an opportunity to execute a pairs trade. Pete, Tom and Tony walk through the notional values of each contract, and then adjust the contract ratio given the implied volatility in both underlyings. Watch this segment to learn how to make this trade with outright futures contracts OR reduce cost basis and Buying Power by using options on Gold futures! See more videos from the Closing the Gap: Futures Edition Series: http://ow.ly/4mJves The gap between the self-directed and institutional trader in the world of Futures gets closer as Tom and Tony go head-to-head with one of the Futures market industry's best institutional traders. We bring professional strategies to individual investors. You can watch a new Closing the Gap: Futures Edition episode live and check out all previous episodes everyday at http://ow.ly/EoyGW! ======== tastytrade.com ======== Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments! Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: http://ow.ly/EbzUU Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1 Follow tastytrade: Twitter: https://twitter.com/tastytrade Facebook: https://www.facebook.com/tastytrade LinkedIn: http://www.linkedin.com/company/tastytrade Instagram: http://instagram.com/tastytrade Pinterest: http://www.pinterest.com/tastytrade/