Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 16 - 04:55 AM

USD/JPY - Option Flows Show Concern About Barriers And Deeper Losses

By Richard Pace  —  Sep 16 - 02:40 AM
  • Investors and market makers increase demand for USD/JPY downside protection

  • Post Fed expiry 105.00 strikes already popular Mon-Tues nL1N2GC06A

  • More demand for strikes below 105.00 in Asia Wed's - 104.00 and 103.00 noted

  • Risk reversals too - selling JPY puts (topside) to fund JPY calls (downside)

  • These options would benefit from deeper USD/JPY losses over coming sessions

  • Implied volatility is higher to lift cost of options - big buyer 1-month 6.0

  • Option barriers expected 105.00 - not below since late July


JPY=EBS Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!