FX option expiries for Nov 4 NY cut at 10:00 Eastern Time, via DTCC, were recently released. Traders and investors often pay attention to option expiries as they can have an impact on the price movements of currency pairs. Let’s take a look at the expiries for various currency pairs.
Starting with the EUR/USD pair, there are significant option expiries at key levels. Amounts include 1.0775 with 1.1 billion euros, 1.0820 with 1.5 billion euros, 1.0900 with 1.2 billion euros, 1.0970 with 1.3 billion euros, and 1.1000 with 803 million euros. These expiries can potentially influence price action around these levels as traders adjust their positions ahead of the expiry.
Moving on to the GBP/USD pair, there were no specific expiries mentioned in the report. However, traders should still keep an eye on any potential expiries that may impact the pair’s price movements. It is always important to be aware of any potential market-moving events, such as large option expiries, when trading forex.
For the USD/JPY pair, there were also no specific expiries mentioned in the report. This pair is known for its volatility, so traders should always be prepared for sudden movements in price. Option expiries can add an extra layer of complexity to trading this pair, so it is important to stay informed and adapt to changing market conditions.
The USD/CHF pair also did not have any specific expiries mentioned in the report. However, this pair is known for its correlation with safe-haven assets, so it is important to keep an eye on any potential events that may impact its price movements. Option expiries can be one of the factors that influence the pair’s volatility.
Moving on to the AUD/USD pair, there were no specific expiries mentioned in the report. However, this pair is popular among traders due to its correlation with commodity prices and risk sentiment. Option expiries could potentially impact the pair’s price movements, so traders should continue to monitor any upcoming expiries.
Lastly, for the USD/CAD pair, there are significant expiries at key levels. Amounts include 1.3800 with 1.1 billion USD, 1.3875 with 661 million USD, and 1.4000 with 774 million USD. These expiries could potentially influence price action around these levels. Traders should adjust their positions accordingly and be prepared for potential volatility in the pair.
In conclusion, option expiries can be an important factor to consider when trading forex. They can impact price movements and add an extra layer of complexity to the market. By staying informed about upcoming expiries and adjusting positions accordingly, traders can better navigate the forex market and potentially capitalize on trading opportunities. It is always important to stay updated on market events and be prepared for potential volatility in currency pairs.