FXStreet (Bali) - The week in Asia starts with a bit of risk averse conditions, following encouraging recoveries in the SP500 and Oil prices during Friday. Risk-off to find legs? The current risk-off market profile is being reflected through a lower AUD/JPY, with the SP500 futures also trading on a slight heavy tone (-0.08%), while the Nikkei 225 is quoted around 0.55% after a nearly 6% rise last Friday, on speculation of further QQE by the BOJ. Is the worst over? Options market suspects so near term Should the current risk-off swing find more legs, it may potentially provide buy opportunities in riskier assets as long as the assumption remains that global jitters are over in the near term. According to the pricing of USD/JPY calls/puts in the options market, there has been a major shift in view, with market makers having reduced the premium to buy Yen calls to almost match that of puts, suggesting that dips in USD/JPY are now perceived as potential buy opportunities, given the massive pricing change since last Friday. For more information, read our latest forex news.