A memo discussing a USDJPY call option trade with a strike of 85 and an American style knockout at 90. The memo includes a scenario analysis and suggests a potential trade strategy involving a $10 million notional. The trade is aimed at reducing the cost of a near-dated USDJPY call and expressing a long-term bearish view on the yen.
doj/DataSet10/EFTA01446829.pdf
{"key_people":["Jeffrey","Tazia","Nav","Vinit"],"document_date":"2014-01-30","document_type":"correspondence","document_subtype":"memo","key_organizations":["DB FX London"],"reference_numbers":["DB-SDNY-0101229","SDNY_GM_00247413","EFTA01446829"]}