📊 September 26, 2025 – FX Options Overview (by Currency Pair)

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🇪🇺 EUR/USD (EUR notional)

• 1.1500: 1.2bn

• 1.1550: 1.5bn

• 1.1650: 1.2bn

• 1.1685: 1.3bn

• 1.1700: 2.0bn

• 1.1750: 3.0bn 🚨 Largest

• 1.1850: 2.8bn

• 1.1900: 1.3bn

• 1.2000: 930m

📌 Focus:

• Heavy clustering at 1.1750 (3.0bn) and 1.1850 (2.8bn).

• Combined, 1.1700–1.1850 holds over 7.8bn, forming a massive resistance block.

• Strong magnet effect: rallies face heavy supply pressure; downside anchored by 1.1500 (1.2bn).

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🇬🇧 GBP/USD (GBP notional)

• 1.3360: 760m

• 1.3370: 541m

📌 Focus:

• Moderate concentration at 1.3360–1.3370.

• Likely to serve as a short-term pivot in European trade.

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🇺🇸 USD/JPY (USD notional)

• 149.00: 842m

• 150.00: 965m

• 152.00: 1.6bn ✅ Largest

📌 Focus:

• 152.00 (1.6bn) is the dominant cap.

• 149.00–152.00 range framed by key barriers → strong compression zone into NY cut.

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🇦🇺 AUD/USD (AUD notional)

• 0.6650: 502m

📌 Focus:

• Standalone mid-size strike.

• Could act as a short-term magnet.

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🇨🇦 USD/CAD (USD notional)

• 1.3800: 699m

• 1.3850: 1.1bn

• 1.3875: 1.3bn ✅

📌 Focus:

• 1.3875 (1.3bn) heaviest concentration.

• Creates a thick ceiling zone at 1.3800–1.3875.

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🇪🇺/🇬🇧 EUR/GBP (EUR notional)

• 0.8750: 1.5bn 🚨

• 0.8765: 1.0bn

📌 Focus:

• 0.8750–0.8765 cluster (2.5bn total) forms a powerful resistance band.

• Short-term trading likely to gravitate around this range.

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✅ Key Takeaways

• EUR/USD (1.1700–1.1850) and EUR/GBP (0.8750–0.8765) are today’s primary option gravity zones.

• USD/JPY at 152.00 also stands out as a critical cap.

• Expect range compression into NY cut, with a bias toward sell-the-rally setups in euro pairs and capped upside in USD/JPY.