Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 24 - 05:55 AM

EUR/USD - Big Option Demand Flags A Warning To EUR/USD Bears

By Richard Pace  —  Nov 24 - 04:10 AM
  • Renewed demand for short dated EUR/USD options, especially topside strikes

  • Noted buyers of 1-week 1.0500-50 strikes since Wed U.S. data and Fed min's

  • Buyer pre X-mas strike near 1.0800 on several hundred million euros today

  • Topside covering shows heightened concern about EUR/USD extending gains

  • Demand has stalled the setback in related implied volatility

  • 1-week implied volatility up 1.0 from long term lows of 9.25 early Wed

  • Risk reversals show EUR put/USD call (downside) implied vol premium slipping

For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!