Euro options flow spikes as greenback strengthens

By Beth Shah
20 Aug 2014

Investors have been trading vanilla options on the euro against the dollar this week, following the recent spot decline in the currency pair.

According to fx options traders in New York, there has been demand for short-dated € calls with strikes ranging from 1.3400-4.3550. Additionally, some market participants have been selling short-dated € puts, while buying topside options – those where the strike price is above the current spot rate.

...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial