Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Strait of Hormuz Disruption Sparks Global Oil Supply Fears 
Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns 
U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Keep events to be triggered
- Poloz speech: Poloz of BoC is due to speak in chamber o commerce and hold a press conference through which the traders attempt to figure out any rate cut hints that was left unchanged.
- Wholesale sales MoM: This leading Canadian economic indicator is scheduled to be released tomorrow. It was printed at -0.4% in previous period, it is now estimated to be at 0.3%
On the verge of the above significant economic news, let's suppose we are buying At-The-Money calls of this pair as shown the figure.
Trade Analysis: The current NPV on ATM call option of this pair (100,000 units) seems expensive, when exchange rate of this pair was at 1.21851; the NPV was 600.67 whereas it was available at 687.22 (trading at prem.14.41%). Delta at this juncture was 50,583.40. So if one thinks to buy this contract at current levels which we say this could be expensive.
Hence, we think it would be better if we can devise cheaper trader ideas, alternatively spreads can be more conducive this circumstance.
