Disliked{quote} Major prime banks underwrite options at various strikes and expiries, this happens almost everyday but thursdays and month-ends are the more important ones. Say if a bank has underwritten a put option with 1.08 strike, which means the client who holds it will have the right to sell EUR @1.08, the underwriting bank tries to make this option worthless by capping the price below 1.08. If the option sizes are big this becomes more important. The expiry time is usually 10:00 am CET -US or 15:00 pm UK time. You will notice sharp movements half...Ignored
- #983,602
- Apr 22, 2015 7:20am Apr 22, 2015 7:20am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,087 Posts
- #983,605
- Apr 22, 2015 7:21am Apr 22, 2015 7:21am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,087 Posts
- #983,607
- Apr 22, 2015 7:26am Apr 22, 2015 7:26am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,087 Posts
- #983,612
- Apr 22, 2015 7:30am Apr 22, 2015 7:30am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,087 Posts
- #983,617
- Apr 22, 2015 7:41am Apr 22, 2015 7:41am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,087 Posts
- #983,620
- Apr 22, 2015 7:47am Apr 22, 2015 7:47am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
If you are new to Forex? Say Goodbye to your account!!