The Macro Trading Floor

On Sizing Options, The Fed and The JPY

August 9, 2026·37 min
Episode Description from the Publisher

In this episode, Alf and Brent talk about the Fed's likely reaction function to incoming data and the Bessent/Japan accord on the JPY. The duo then discusses one of the trickiest questions for macro PMs: when to use options, and how to size them?

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