6JH2024 The targets set for the Yen on February 19th have almost been reached. The uptrend still has a small potential to reach target number 2, but after that the Yen's downtrend will most likely continue. This is supported by COT reports and activity in option portfolios, which were formed on February 29 (at the local minimum) on the CME exchange.
6JH2024 We consider a downside move as the basic scenario. However, if the price goes higher than the resistance, it is highly possible to consider a bull spread target as the main sentiment.
6JZ2023 The evaluation of option trades in contrast to the market behavior of the Yen Futures on November 28 indicates that the upward trend is ending and a correction will occur upon the price breakdown 0.006784 level
6JZ2023 Extremely Aggressive Yen Call Spread Placed on Nov 17. But, It is crucial to comprehend that the purchaser of a forceful spread doesn't anticipate the price reaching its target zone. Instead, he simply require strong movement towards the price zone to earn X2 the amount or more. We will monitor the participant's conduct further to grasp his intentions and exit plan from the market
6JZ2023 In the last 3 days, the increased interest of options market participants in the 0.00685 call has been noticed. The buying is systematic, but in small volumes and with a significant time lag. Such behavior is not typical for insiders, so we are most likely dealing with professional speculators. The purchase of this share is logically justified: the volatility of the central strike is extremely low, and from a graphical point of view, speculators are counting on a correction to the liquid area of emotional buyers. At the same time, we define the level of 0.006775 as an indicator, the break of which will confirm the correctness of this sentiment. Before the break of this level, it will be extremely risky to open long positions.