Start your Binary Trading income NOW!!!

Sponsored by Nuffnang.com

Tuesday, January 16, 2007

FX OPTIONS: EUR/USD Good Size 1-mth 1.3150 EUR Call

One of my sources told that a 1.3150 EUR call strike traded for a 1-mth expiry date in good size at 6.75 pct earlier today. The current 1-mth expiry date is February 15, as per yesterday, according to FENICS FX 2002.

1-mth vol is 6.45/6.65 last, as it consolidates gains from last Wednesday's seven-week low of 6.05/6.25. The 1-mth traded as high as 7.25 pct at the start of the year (Jan 2). At the back of the curve: the 1-year is holding above last Wednesday's lifetime traded low of 6.55 pct, with 6.6/6.75 representing the present market.

Expiry-wise: there is speculation that a 1.3000 strike might roll off at today's 10am EST NY cut (15:00GMT). A confirmed quarter-yard 1.3000 strike expires tomorrow (Wednesday).

No comments: