Free Trial

Hedging volumes have picked up slightly.....>

OPTIONS
OPTIONS: Hedging volumes have picked up slightly today, with overall volumes
moderately higher than average with particular interest in EUR/USD and USD/CNY
hedges. Demand for EUR/USD calls outweighs puts today with a P/C ratio of 0.8,
with interest in 1.15 and 1.17 call strikes expiring as soon as late August for
the former and early September for the latter. Implied vols are generally
declining across the three-month tenor with EUR/USD 3m implied vol briefly
dropping back below 7.5 vol points. 1-week implied vols remain elevated almost
across the board ahead of the Fed minutes and beginning of Jackson Hole policy
symposium on Friday.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.