USD Vol: Surface steepens slightly; Carry trade dies hard

Steepest road
Gamma is a tad lower while longer expiries are lightly bid amid a dearth of trading. Some see 1y5y and 1y10y points attractive buys. JPM shorts gamma.

Start a free trial to read this article

Join today to access all  Total Derivatives content and breaking news. Already a subscriber? Please Log In to continue reading.


Or contact our Sales Team to discuss subscription options.

Get in Touch