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You want to speculate on the Turkish lira depreciating. Should you buy or sell a futures...

You want to speculate on the Turkish lira depreciating. Should you buy or sell a futures contract? Should you buy or sell a put? Should you buy or sell a call?

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Answer #1

Expectation is that Turkish Lira will depreciate

Hence, it will be cheaper in future

Speculating Strategy will be to SELL a futures contract (and buy in future when the price is lower)

Put Option is the right to sell at a specified price in future

You should BUY a put since you will be sell under the put option at the fixed price when the market price is lower

Call is the right to buy at a specified price in future

You should SELL a call

Since the price will be lower in the market in future, option holder will not exercise

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