Source: DailyFX.com
The 1 Year Cable 25 delta risk reversal was recently offered and Paid at 3.0 for the GBP puts. This follows in the wake of the well hyped French name demand for back dated vols, which saw the 1 year atmf lifted 19.75 and 20.0 today. Closer in - the 1 month atmf tenor has traded highs last seen in early Dec" at 25.0.
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Wednesday, January 21, 2009
FX OPTIONS: 1 Year Cable Risk Reversal Paid...
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