For currency traders, understanding FX options expiries is crucial, as they can often indicate levels of significant price interest or potential volatility. Here’s a breakdown of Thursday’s FX options expiries, categorized by currency pairs and the notional values at critical strike levels.


USDJPY

  • 155.60: $736 million
  • 152.70: $1.15 billion
  • 152.20: $511 million
  • 152.00/10: $938 million
  • 151.00/10: $447 million
  • 149.80: $595 million

USDJPY sees notable concentrations around the 152.00-152.70 levels, with over $2 billion in notional value. These areas could act as key resistance or support points.


EURUSD

  • 1.0620/30: $1.00 billion
  • 1.0600/10: $1.56 billion
  • 1.0580/1.0590: $688 million
  • 1.0560/70: $1.31 billion
  • 1.0550: $1.88 billion
  • 1.0520/30: $622 million
  • 1.0500: $1.50 billion
  • 1.0470: $996 million
  • 1.0400: $869 million
  • 1.0380: $410 million

EURUSD is heavily clustered between 1.0500 and 1.0600, with significant expiries at 1.0550 ($1.88 billion) and 1.0500 ($1.50 billion). These levels may attract price action and serve as magnets.


GBPUSD

  • 1.2800: $451 million
  • 1.2740/50: $410 million

The GBPUSD expiries are smaller in comparison but could still influence movements around 1.2800.


AUDUSD

  • 0.6530/40: $423 million
  • 0.6500/10: $1.18 billion
  • 0.6480/90: $592 million
  • 0.6450: $1.12 billion
  • 0.6390/1.6400: $820 million

AUDUSD features key expiries at 0.6500 ($1.18 billion) and 0.6450 ($1.12 billion), suggesting traders should monitor these levels closely.


USDCAD

  • 1.4250: $477 million
  • 1.4230: $1.21 billion
  • 1.4100: $1.18 billion
  • 1.3930/40: $1.02 billion
  • 1.3920: $436 million

USDCAD sees significant expiries near 1.4100 and 1.4230, each exceeding $1 billion.


EURGBP

  • 0.8280: $561 million
  • 0.8190: $417 million

EURGBP remains relatively light, with its largest expiry at 0.8280 ($561 million).


USDCHF

  • 0.8790: $513 million

The single level of interest for USDCHF is at 0.8790.


EURCHF

  • 0.9320/30: $765 million

EURCHF sees moderate positioning around the 0.9320-0.9330 range.


USDMXN

  • 21.30: $1.06 billion
  • 19.48: $880 million

USDMXN’s largest expiry lies at 21.30 ($1.06 billion), with a secondary cluster at 19.48 ($880 million).


USDCNH

  • 7.35: $601 million
  • 7.33: $448 million
  • 7.31: $500 million
  • 7.25: $633 million
  • 7.20: $558 million

For USDCNH, expiries are distributed fairly evenly, with notable interest between 7.20 and 7.35.


These options expiries could influence price action in their respective currency pairs, particularly at the more heavily concentrated levels. Traders should be mindful of potential volatility spikes as these levels are approached or breached. Keep these levels in your radar for Thursday’s trading!

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