I have been doing some FX Options study recently an I am stumped at how to read this. These are outut on Oanda News several times a day. IFR Markets [FX Option Implied Vol Updates]
What does this mean. For instance EURO/usd 12.65 - is that a cost for the option - at what price? Any help or web site would be appreciated. I can find info on options - but am looking for more info specific to this news item.
What does this mean. For instance EURO/usd 12.65 - is that a cost for the option - at what price? Any help or web site would be appreciated. I can find info on options - but am looking for more info specific to this news item.
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