3). Historically, a -3.6% AUDIUSD put with an -13.4% AUD/CAD KO would have been in-the- money 26.2% of the time, and knocked out 2.7% of the time. Nicholas Wang, London James Malcolm, Load Page 22 Weekly change in spot versus risk reversal at extreme 0.18 0.16 0.10 o 12 0.10 0 08 006 0 04 0 02 0