Thursday, September 16, 2010

Bank of Japan/US investment bank have gone insane - AUD meltup hits 0.94 knockout/s (update 2)

Some crazed US investment bank is trying to knock out a binary 'call' option @0.9475 expires end month. Massive payout at 25 million USD!

Bank must be hard up for cash.

Also over bidding on the GBP.

Sounds like panic buying to knock calls out. Which sounds like their accounts are looking dry.

No comments:

Post a Comment