Forex News USD/JPY options volatilities rise as spot hovers at lower levels in Asia vs NY overnight, says options dealer; adds some Japan players buy back options they sold ahead of last weekend to protect themselves from time decay. 1-month ATM options implied vols at 11.7%/12.0% vs 11.2%/11.7% in NY. Adds since players remain concerned about U.S. financial markets, vols unlikely to fall sharply for now as players will be watching risks for USD to fall sharply, which causes vols to spike.
0 comments:
Post a Comment