Euro option

I traded a EUR call/ USD put option today for a period of 1 month. I’m still looking at a more bearish Euro in medium term, so I thought I’d enter an option trade instead.

Here’s what I’ve done:

Sold EUR call/ USD put at 1.3100, with a Knock-in at 1.2800. Tenor: 1 month.

This means if spot goes below 1.2800, this trade gets called back and I win. If spot goes above 1.3100 on date of expiry, than I lose.

Hopefully this works out!!