Forex options expiring at the 10am (14.00 GMT) New York cut 17 July 2018
The bulk of options in USDJPY still mainly lie to the downside but we’re just beginning to see some increase in business higher up. That’s likely to reflect growing concerns for a move higher. That doesn’t mean we get one but that traders are starting to hedge that possibility.
Latest posts by Ryan Littlestone (see all)
- A big thank you for a superb week all round - August 17, 2018
- CFTC Futures report: EURUSD longs throw in the towel - August 17, 2018
- Lira collapse post-mortem: Contagion lite - August 17, 2018