📊 August 22, 2025 — FX Option Positioning (by Pair)
🇪🇺 EUR/USD (EUR Notional)
-
1.1600: €1.4B ✅
-
1.1800: €915M
📌 Major concentration at 1.1600 (€1.4B) → a strong magnet level.
With additional positioning at 1.1800, spot is likely to be contained within the 1.16–1.18 range.
🇺🇸 USD/JPY (USD Notional)
-
147.90: $1.6B ✅
📌 Standalone $1.6B at 147.90 → extremely strong option magnet.
→ High risk of price converging just below 148.00 into the NY cut.
🇨🇦 USD/CAD (USD Notional)
-
1.3685: $698M
📌 Mid-sized option at 1.3685.
→ Could act as a temporary pivot / slowdown zone for intraday moves.
📊 Strategy Takeaways (Key Zones)
| Pair | Key Level | Note |
|---|---|---|
| EUR/USD | 1.1600 (€1.4B) | Strong magnet, high convergence risk |
| USD/JPY | 147.90 ($1.6B) | Largest cluster, gravity point near 148.00 |
| USD/CAD | 1.3685 ($698M) | Mid-tier strike, short-term range suppressor |
👉 Key Focus Today:
-
USD/JPY 147.90 ($1.6B) = dominant magnet near 148.00.
-
EUR/USD 1.1600 (€1.4B) = major convergence point.
These two will be the primary gravity zones into and around the NY cut.
⚖️ 15-min Power Balance
AUD > USD > NZD = CAD > GBP > EUR > CHF > JPY
