Can someone who trades options, please explain me, what does it means, when a new afloats in the market such as
Options Expiring for Eur/Usd at 1.2750
How does it affects the Spot Market ?
What does it mean by the expiry ? Does it mean spot price need to go in that level, meet the expiry of option, and than the price will go upside or downside.
Appreciate your detailed response. thanks.
that means that the settling price for euro dollars is 1.275
meaning 1.275 dollars equals 1 euro dollar.
options, if you have the 1.25 strike it is in the money and the 1.30 strike is out of the money.