EFTA Document EFTA01461721

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2009 2010 2011 2012 2013 2014 EURUSD lm implied volatility - 5 year history The volatilit is still near the lower end of its recent historical ran e, hence the low premium 18.0000 16.0000 14.0000 12.0000 10.0000 8.0000 ‘1,1,10,110 4.0000 BR015OV1M Cumcy (BAt-USO Cr a 1N) Daily 04.111N2009-03XIC014 Copyright0 2014 elamberg CI naive L.P. 03-3un-2014 13:29:V Trade 2: Buy a 3-month European style 1.03% OTMspot EURUSD put, funded by selling a 3-month European style 0.81% OTMspot

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Unknown

Source

Dept. of Justice

Reference

sd-10-EFTA01461721

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