Question: Currency options are a flexible foreign exchange hedging technique. Given their flexibility, why are they not always used? They are only available for about five

Currency options are a flexible foreign exchange hedging technique. Given their flexibility, why are they not always used?
They are only available for about five currencies and are only available for amounts over a particularly large amount
They are only available for about five currencies and take considerable time to arrange
Simply because they are new and not yet widely understood.
They have high fees and are only available for amounts over a particularly large amount
They are only available for about five currencies and have high fees

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