Kresten BechmannKresten Bechmann , Options Trader, Saxo Bank a/s
Denmark, 25 May 2012 at 07:43 GMT+0
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USDTRY options flow: Swiss bank is buying 100 mio USDTRY 1,9900 call for 29 jun at 17,3 %. In other EMG pairs the sellers are slowly getting active, very typical for a Friday, because market participants are worried about the decay bill over the weekend, however a turn-around in EURUSD spot will quickly result in vols getting paid again. Good luck

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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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