Discussion of long SY call options with a focus on the dislocation between interest rates and volatility. Deutsche Bank FX Strategists predict USDJPY rates and suggest a 10-year expiry SY call option. The memo outlines the characteristics and risks of the option, emphasizing its sensitivity to SY spot moves and the knockout feature.
doj/DataSet10/EFTA01451332.pdf
{"key_people":["Nay Gupta","Tazia Smith"],"document_type":"correspondence","key_locations":["London","United Kingdom"],"document_subtype":"internal memo","key_organizations":["Deutsche Bank AG","Deutsche Asset & Wealth Management","Deutsche Bank Securities Inc"]}