The document outlines two European option call transactions involving SOFL. In the first transaction, SOFL buys a European JPY Call on JPY/KRO with a strike of 9.4538, a notional of JPY 1,200,000,000, expiring on 01-Nov-2016, with a premium of 7.16% of JPY Notional. In the second transaction, SOFL sells a European JPY Call on JPY/KRO with a strike of 10.39918, a notional of JPY 1,200,000,000, expiring on 01-Nov-2016, with a premium of -3.04% of WY Notional. The net premium for the first transaction is SOFL pays 3.88% of JPY Notional, and for the second transaction, SOFL pays 4.12% of JPY Notional.
documents/vol00010-efta01356972-pdf.pdf
{"document_type":"financial","document_subtype":"European Option Call","key_organizations":["SOFL"],"reference_numbers":["DB-SDNY-0043251","SDNY_GM_00189435","EFTA01356972"]}