fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Short Usd/jpy Call  Fri Jun 22, 2012 12:59 pm | |
| Short Usd/jpy Call Quotes from RBC Capital Markets: Short USD/JPY call (82.00 strike; 27 August expiry): USD/JPY risk reversals are back to an almost unprecedented bid for USD calls and we think there is value in writing out of the money USD/JPY calls - effectively expressing a view that USD/JPY can't rally sustainably, but not requiring an outright fall to profit. Although we were stopped out of a similar trade in February, this was a profitable strategy on two previous occasions. Selling a three month (27 August expiry) call with the strike at 82.00 earns 0.85% of upfront premium (spot ref 79.45, vol ref 9.30%). More FOREX-news on pages InstaForex.Com  | |
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