|
|
|
Forum Guru
      
Group: Administrators
Last Login: 6/13/2011 7:57:49 PM
Posts: 54,
Visits: 375
|
|
The USD/CHF (ISE symbol SFC) and the USD/JPY (ISE symbol YUK) are both exhibiting “smile-like” characteristics. The options smile has neither a volatility bias to the downside or upside. Longer dated options, the December term, are much more symeterical than any other month. 

|
|