EUR/USD Option Flows: Downside Hedging Picks Up

EUR/USD Option Flows: Downside Hedging Picks Up

Today marked the first notable uptick in aggregate demand for EUR/USD optionality since early October, with 1m ATM vols up around 0.4 vol day-on-day.

Our intra-day FX option flow data show a clear skew toward downside hedging, as EUR/USD put buying accelerated through the early NYC session. 

There’s still hesitancy to chase spot lower in size below 1.15, but once we clipped that level this morning, net EUR/USD put demand picked up meaningfully.

Vanda’s real-time flow data helps investors see these shifts as they happen, not after. To learn more contact: sales@vanda.com

 

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