Discussion of long expiry SY call options and their characteristics, including potential benefits and risks. Deutsche Bank FX Strategists predict USDJPY rates and analyze the Japanese Yen's weakness. The memo outlines the option's decay, knockout feature, sensitivity to SY spot moves, and cost comparison to vanilla options.
doj/DataSet10/EFTA01451240.pdf
{"key_people":["Nay Gupta","Tazia Smith"],"document_date":"2014-01-09","document_type":"correspondence","key_locations":["London, United Kingdom","New York, NY, USA"],"document_subtype":"memo","key_organizations":["Deutsche Bank AG","Deutsche Asset & Wealth Management","Deutsche Bank Securities Inc"]}