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Friday, December 08, 2006
FX OPTIONS: EUR/USD Good Size Early January 1.3500 EUR Call
According to one of my sources that a January 9 expiry 1.3500 EUR call option traded at 8.05 pct in an estimated E400mn earlier today. The 1.3500 level also holds exotic exposure. Pre-1.3500 exotic barriers are located at 1.3400, 1.3425, and 1.3450. 1.3500+ barriers reside at 1.3550, 1.3600, 1.3700, 1.3750, 1.3900, 1.3950 and 1.4000+.
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