EUR/USD FX options recognise downside spot risk, but no panic nL1N2JN0GH

In fact, some investors using spot setback to buy cheaper EUR call options

EUR calls allow holders to buy EUR/USD at levels above current spot

Expiries for these EUR call options between 2-4-months - strikes 1.23-1.25

3-month risk reversal premium for EUR calls over puts sold 0.05 in Asia

It's actually met demand in early London - trading back at 0.1

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