1.4200/1.4600s are said to be in play and this morning’s 1.4209 low suggests we could have a good battle on our hands.
For the uninitiated: Double-no-touch (DNT) An options strategy which pays the owner of the structure if prices stay within a pre-defined range during the length of the contract. For instance a 1.30/.35 DNT would pay off if prices do not trade outside that range while the option is in force.