A 2.0900 exotic One Touch option, carrying an estimated payout of GBP 2mn, is slated to expire three weeks today (Nov 14). The BoE publishes its next quarterly inflation report the same day. Another 2.0900 One Touch option, also carrying an estimated GBP 2mn payout, is due to roll off at the end of next month (Nov 30).
Pre-2.0900 exotic barriers reside at 2.0700, 2.0750 and 2.0800. Exotic exposure north of 2.0900 is located at 2.1000, 2.1100 and 2.1400+. GBP/USD notched a three-month high of 2.0560 at the start of this week. 2.0656 was the 26-year peak scaled during Q3 (July 24).
Pre-2.0900 exotic barriers reside at 2.0700, 2.0750 and 2.0800. Exotic exposure north of 2.0900 is located at 2.1000, 2.1100 and 2.1400+. GBP/USD notched a three-month high of 2.0560 at the start of this week. 2.0656 was the 26-year peak scaled during Q3 (July 24).
Nothing worth having is easy.