Eye-catching activity in August AUD options with a strike at 0.67 .
The break-even point for this portfolio sits slightly higher, at 0.674 — and judging by open interest, this is the largest position in play.
Quick reminder:
A break-even level like this could act as a synthetic put building zone by adding short futures to their positions. That means profit from downside moves — with limited risk .
But here’s the catch:
This setup alone doesn’t scream “buy” or suggest strong bullish conviction toward 0.674.
However, it’s definitely worth watching — especially if price starts moving in that direction.
Also keep an eye on option unwinds or roll-overs — they often tell us more about how big players see the future path of the asset.
📈 Bottom line:
Not a clear signal yet — but definitely a pattern forming. Stay tuned.
Follow for more edge-driven breakdowns!
The break-even point for this portfolio sits slightly higher, at 0.674 — and judging by open interest, this is the largest position in play.
Quick reminder:
A break-even level like this could act as a synthetic put building zone by adding short futures to their positions. That means profit from downside moves — with limited risk .
But here’s the catch:
This setup alone doesn’t scream “buy” or suggest strong bullish conviction toward 0.674.
However, it’s definitely worth watching — especially if price starts moving in that direction.
Also keep an eye on option unwinds or roll-overs — they often tell us more about how big players see the future path of the asset.
📈 Bottom line:
Not a clear signal yet — but definitely a pattern forming. Stay tuned.
Follow for more edge-driven breakdowns!
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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.
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.