🔎 FX Option Landscape — October 2, 2025

🔎 FX Option Landscape — October 2, 2025

Here’s the structured summary of today’s NY cut option levels and strategic implications:

---

🇪🇺 EUR/USD

• 1.1500: €1.2B

• 1.1580: €1.5B

• 1.1615: €924M

• 1.1630: €965M

• 1.1675: €1.0B

• 1.1695: €981M

• 1.1700: €1.7B

• 1.1750: €1.8B

• 1.1785: 🚨 €2.1B (largest)

• 1.1790: €1.8B

• 1.1850: €1.3B

• 1.1900: €1.6B

• 1.2000: €1.8B

Focus:

• Heavy clustering between 1.1700–1.1790 (total >€7.0B).

• 1.1785 (€2.1B) is today’s largest strike → strong resistance/magnet.

• Additional cap at 1.2000 (€1.8B) keeps the top side heavy.

---

🇬🇧 GBP/USD

• 1.3600: £581M

Note:

• Single medium-sized level; may act as a pivot intraday when ranges are tight.

---

🇺🇸 USD/JPY

• 147.50: $787M

• 148.00: $1.3B

• 149.35: $649M

Focus:

• 148.00 ($1.3B) is the dominant strike at current levels.

• Options stacked around 147.5–149.5 reinforce a compression band.

---

🇦🇺 AUD/USD

• 0.6525: A$885M

• 0.6600: 🚨 A$2.1B (largest)

Focus:

• 0.6600 is a key resistance magnet.

• Suggests heavy selling interest into rallies.

---

🇨🇦 USD/CAD

• 1.3900: $777M

Note:

• Single medium strike. Short-term resistance pivot.

---

📊 Option Floor Strategy View

---

👉 Main Takeaway:

• EUR/USD: Watch 1.1785–1.1790 for heavy option gravity; topside fades attractive.

• AUD/USD: 0.6600 is the standout strike today — strong candidate for sell interest.

• USD/JPY: Magnetized to 148.00, keeping intraday ranges tight unless broken.