Here are today’s forex option expiries for the 10am (15.00 GMT) New York cut 21 February 2018

AUDUSD is the standout today with nearly 4bn expiring around 0.7950. Given that we’re 100 odd pips below, it’s going to take something special to move the price up there. While we can see a magnetic pull from options, it’s by no means certain that it happens, and it’s very rare that we would see a move of that magnitude just to have a fight over an expiry. For one thing, the amount it would cost to move the market up that far could be considerably more that the profits derived if it did.

Anyway, it’s there and we’ll bear it in mind should prices move there naturally before the expiry. Keep an eye out too for the 1.12bn going off at 1.2300/10 in EURUSD. That is a level we’re currently hanging around.

Forex option expiries

Forex option expiries

Ryan Littlestone
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