Derived Data That Drive Results
By Richard Pace — Oct 10 - 02:40 AM
EUR/USD is 1-cent+ above recent 1.0458 lows, but downside risk still present
FX options hold strong implied volatility premium for downside strikes
Benchmark 1-month 25 delta risk reversals show this premium
Retains 6-month highs at 0.65 implied volatility for USD calls over puts
Outright trade flows also maintain a preference to buy/hold downside for now
Those worried about renewed EUR/USD losses can benefit from RKO options
Knock out triggers below the strike level can significantly reduce premium
For more click on FXBUZ
EUR/USD 1-month expiry risk reversal Click here
Source:
Refinitiv IFR Research/Market Commentary
