Forex option expiries for the 10 am (14.00 GMT) New York cut 16 July 2018
Some good business about for a Monday but the stand out expiries are in ERUGBP and GBPUSD. There’s 1.20bn in puts off at 0.8800 and 1.09bn (mixed calls/puts) at 1.3310/30. Depending on what the euro does, we could see one pair tip the other towards these expiries. Given the spread of calls/puts, the action might all be in EURGBP.