What does the options market imply that spot traders should know?

FX options prices encode what the market expects for volatility, direction and event risk — information spot traders can read without trading a single option.

Do you watch it?

• the options signals you follow (implied vol, risk reversals)
• how they sharpen your read of upcoming events
• the signal that proved right or wrong for you

The ATR guide covers the spot-side volatility view the options market complements.