By Richard Pace — May 25 - 05:45 AM
EUR/USD dealers report 2 huge EUR call/USD put strikes trading recently
There was 1-buyer of 3-month expiry 1.1400 EUR calls on 2.2-billion euros
Implied volatility was 7.35 which makes the premium $13-pips
Also, 6-month 1.1800 EUR calls on 1.2-billion, 7.65 vol, premium $16-pips
Options would give holders the right to buy EUR/USD at strike at expiry
However, short term price action flags EUR/USD downside fears
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary