Forex options expiring at the 10am (15.00 GMT) New York cut 22 June 2018
EURUSD, EURJPY and EURNOK see the big action today. EURUSD has 2.54bn rolling off at 1.1500, of which 2.52bn is puts. EURJPY’s 1.05bn contains 738m puts. EURNOK’s 1.85bn are all puts.
Forex option expiries
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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wow..thats a big one in eur.nok (for that pair its huge!)
Hi Stefan indeed. We had a look at the details of this. It seems like put spreads have been put in place with the 9.40-9.30 and 9.20 the lower strikes of the strategy. Feels like a HF play, put on when EURNOK was trading higher. That would have covered Norway’s CPI’s, Norges bank and oil meetings.
Thank your the info ?
Sounds like some of the big boys are playing with the NOK at the moment..
Any opinion how this is likely to play out and what effect this will have? Any view on the NOK? (hawkish central bank, good employment and buisness reports but lower then expected inflation like the rest of the world at the moment it seems..)
I’m neutral for now on the NOK tbh. These trade wars, OPEC are really blurring the picture. I’d be a rally seller USDNOK rather than EURNOK in current scenario.
Good thing i short both against the NOK at the moment then! ?
My favourite is still shorting jpy and chf against the nok after big risk off events ?