Victor Adair

Senior Vice President and Derivatives Portfolio Manager

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We believe that the US Dollar is in the early stages of a multi-year bull marketBUT…short term…we think that the rally has run too far too fast and a correction is due. We do NOT recommend taking outright short Dollar positions in anticipation of this correction…but…given the sharp jump in FX option volatility the last couple of months…we think writing short-dated OTM puts against short currency positions would be a...

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