Derivative markets are one of the many drivers of spot markets for foreign currencies, but their effects are often underappreciated. In this session, Tim Graf provides a brief overview of FX option basics and focus on how flows related to option hedging can drive currency movements.

Looking for more of Tim's extensive introductory course on FX Options? Find links to the six part series below:
Introduction to FX Options Part 1 - The Basics

Introduction to FX Options Part 2 - Option Pricing

Introduction to FX Options Part 3a - The Greeks: Delta

Introduction to FX Options Part 3b - The Greeks: Gamma, Theta and Vega

Introduction to FX Options Part 4 - Vanilla Applications

Introduction to FX Options Part 5 - FX Options and the Interaction with the Spot Market