Currency Analyst since 2010

Key option levels

FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (15:00 GMT).

Here are the key options expiring today:

EUR/USD: 1.0500 (EUR 3.3bln), 1.0600 (EUR 2.1bln);

GBP/USD: 1.4875 (GBP 252m), 1.4910 (GBP 531m), 1.4950 (GBP 717m);

USD/JPY: 120.00 (USD 447m), 121.00 (USD 330m), 122.00 (USD 2.4bln), 122.50 (USD 661m);

USD/CAD: 1.2750 (USD 240m), 1.2780 (USD 320m);

AUD/USD: 0.7630 (AUD 230m), 0.7700 (AUD 314m), 0.7800 (AUD 2bln), 0.7915 (AUD 2bln);

NZD/USD: 0.7180 (NZD 441m), 0.7350 (NZD 201m);

EUR/JPY: 128.50 (USD 326m), 130.00 (USD 258m).

Scroll to top