Adds link to CPI risk premium on last line
FX option traders report many sub 1-week expiry EUR/USD 1.0750 strike trades
It's the current spot rate and would suggest market is long gamma nearby
An abundance of existing strikes nearby can indicate long gamma positioning
DTCC traded options data does show some very big strikes due to expire soon
Largest on Monday between 1.0745-55 on 5-billion euros
1-billion euros each expire 1.0750 on Tues, Wed and Thurs next week
Before those - 1-billion 1.0750 expire today and 2.1-billion 1.0745-60 Thurs
Options price volatility risk for US CPI - may be little to inspire FX prior
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