Range P1 P2 P3 P4 P5 C5 C4 C3 C2 C1 Lower 0 0.15 0.25 0.5 0.75 0.75 0.5 0.25 0.15 0 Upper 0.15 0.25 0.5 0.75 1 1 0.75 0.5 0.25 0.15 Global Markets Research 12 September 2025 Research analysts Global FX Strategy Craig Chan - NSL craig.chan@nomura.com +65 6433 6544 Wee Choon Teo - NSL weechoon.teo@nomura.com +65 6433 6107 | Delta | 0-0.15 | 0.15-0.25 | 0.25-0.5 | 0.5-0.75 | 0.75-1 | 0.75-1 | 0.5-0.75 | 0.25-0.5 | 0.15-0.25 | 0-0.15 | Put | Call | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...