A quick look at the options sentiment on Japanese Yen futures (not spot) — and there’s something interesting on the flow radar.
On July 10 , a "Put Condor" was placed — boundaries marked by the yellow rectangle on the chart (№1).
The goal of this setup? Price should expire within these boundaries — meaning the seller expects limited downside , but still allows for some controlled movement.
What’s notable?
This position was placed before the yen started to weaken — so someone was clearly preparing for this scenario in advance .
Also worth watching:
Further down (№2 on the chart), there’s another cluster of put options at 0.0067 — suggesting this level could act as a support zone if the futures contract drops that low.
📊 Bottom Line:
There are clear signs pointing to continued downside pressure in Yen futures.
The 0.006685 level is key — potential support for a bounce back into the 0.00675–0.00685 range .
On July 10 , a "Put Condor" was placed — boundaries marked by the yellow rectangle on the chart (№1).
The goal of this setup? Price should expire within these boundaries — meaning the seller expects limited downside , but still allows for some controlled movement.
What’s notable?
This position was placed before the yen started to weaken — so someone was clearly preparing for this scenario in advance .
Also worth watching:
Further down (№2 on the chart), there’s another cluster of put options at 0.0067 — suggesting this level could act as a support zone if the futures contract drops that low.
📊 Bottom Line:
There are clear signs pointing to continued downside pressure in Yen futures.
The 0.006685 level is key — potential support for a bounce back into the 0.00675–0.00685 range .
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.