Foreign exchange option trading is a trading method, which is the development and supplement of several original foreign exchange hedging methods. It not only provides customers with ways to preserve foreign exchange, but also provides them with opportunities to profit from exchange rate changes, so it has great flexibility. The trading of foreign exchange options is actually the trading of power and money.
The buyer of foreign exchange options can choose a more favorable exchange rate, that is, the agreed exchange rate or the spot exchange rate at maturity, and the seller of foreign exchange options can get a premium income at the beginning of the transaction. Banks can also provide customers with a variety of choices.