Option trading volume has dropped along side the drop in the cash market note traders
Trading volumes are well down but there's still some business being done and option players are the one's doing it
There's talk that 1.08 EURUSD puts have traded for €435m with a 9th July expiry and that EURUSD options in general are seeing the lions share of activity, accounting for 18.3% of volume today. AUDJPY is second with 17.7%
Volumes in total currently stand at $13bn vs $50.2bn yesterday, according to DTCC data
Here's the options due to expire at the New York cut today