I don't think I've seen 100MM on USDCAD. EURUSD is 150MM during the US session, AUDUSD as well. Cable is quoted really small size apparently due to Brexit. I don't trade a lot of CAD. I'll post size on Tuesday when the mkts are back.
Except, that is not what you said, you said " fx vol on the futures market". Futures market means futures, which are linear products. You meant "futures options", we disagree on terminology. All good. Still your prediction is pretty useless, "dollar goes down in the future". I agree with you also, I go even a step further in saying all assets will decrease in value at some point in the future. Lets settle it at that. P.S.: Perhaps the metric likes/postcount makes more sense to assess perceived quality?
I’d prefer you call me dummy. There is no law that requires a market to move symmetrically. Indeed, there is an argument that if the US continues its political and social course and the Europeans get their house in order, the unraveling of the US dollar could epic. By the way, my typical holding period is under a week. I not going to directly trade my calls or expect anyone else to. You knew that, right? Edit: I’m not going to trade my 12 year call.
This sounds like a song I recall. @Magna this one is for you. Yes, I somehow find a video clip that sounds or looks or has to do with the current subject matter. This one is on Krug's vol vol vol thingy. Well, it made me think of Voldemort.
And that makes your call even weirder. You trade with holding periods of under a week but call out levels by 2031. Absurd. Let's leave it at that.
I wasn't going to bring it up since we got off track with splitting terminology hairs. But since it is being brought up again... 1) I think it be inappropriate to hijack someone else's thread to explain exactly a long term macro play 2)In the spirit of not being redundant, by saying "I wholeheartedly agree" with Des, I am saying I share much/most of his view. 3)If you want to know the intimate details of the plays that I am positioning for then you are going to have to take me out on a date first. And just an FYI, I don't kiss on the first date, so you are going to have to work for it.