FX Option Expiries for 22 October 10am New York Cut

There are a couple of key expiry levels to take note of on the day, as highlighted in bold below. The first one is for EUR/USD at the 1.1200 level, with the strike some 40 pips away from the spot price The expiries could be relevant for nearby price action, especial

There are a couple of key expiry levels to take note of on the day, as highlighted in bold below.

The first one is for EUR/USD at the 1.1200 level, with the strike some 40 pips away from the spot price

The expiries could be relevant for nearby price action, especially if the euro comes under renewed selling pressure. But with the dollar also trading more choppily this week, things can work both ways. And while not immediately highlighted, the expiries at 1.1300 could also come into play if we do see EUR/USD nudge higher in the session ahead.

For now though, that concentration should not exert much immediate influence. In short, the pair is sort of caught in the middle and the influence of the expiries will depend on the directional move in the session ahead. The ones at 1.1200 are still arguably more relevant and could attract some hedging flows in keeping EUR/USD above the figure level going into the cut.

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