We Exercised the 1.6990 Call vs our short position @ Flat

Gross Gain 1.6990 - 1.6725 = 265 points / 134 = 197%

Order filled at 1.6990 at 5:00 AM PST

Buy THE FULL HEDGE Back at 1.6725

Order filled at 1.6725 at 8:40 AM PST

SELL THE FULL HEDGE AT 1.6990

One Month Expiry 2022-01-06( 31 days)

Spot Ref 1.6985

Sell GBP CAD 1 Month Forward at 1.6990

Buy One Month 1.6990 GBPCall CAD put (6.9 vol)

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Net Cost is 134 Tics

Leave an order to buy back the full Spot position at 1.6725

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