More put buying by the Big Guns

Source: www.forexlive.com

A US investment house has been a big buyer of 1.3600 puts today, expiring a week from tomorrow. Last week they bought a half-yard of 1.3800 puts which roll off tomorrow. They are now sellers of spot on rallies to 1.3900, dealers report. This same name was an aggressive buyer of EUR/USD above the 1.4300 handle in the middle of last week. Looks like even the evil geniuses who run the world from their lower-Manhattan lair take it in the chops every once in a while like the rest of us…


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