✅ FX Option Overview (NY Cut | Latest Update) — October 8, 2025

✅ FX Option Overview (NY Cut | Latest Update) — October 8, 2025

🇪🇺 EUR/USD (Euro-denominated)

• 1.1650: €2.0 billion

• 1.1700: €1.8 billion

• 1.1800: €2.4 billion 🚨

• 1.1850: €959 million

• 1.1900: €898 million

📌 Key Highlights

• 1.1800 (€2.4 bn) stands out as the largest concentration, forming a strong upper magnet zone.

• The 1.1650–1.1800 range holds more than €6 billion in total exposure, creating heavy convergence pressure within the mid-1.17s.

• Any upside breakout faces layered resistance at 1.1850–1.1900, where selling interest is expected to emerge.

🇺🇸 USD/JPY (Dollar-denominated)

• 147.00: $1.7 billion 🚨

• 149.00: $980 million

• 151.00: $864 million

📌 Key Highlights

• The ¥147.00 strike ($1.7 bn) is today’s largest cluster and likely to act as a gravitational anchor.

• Broader positioning between ¥149–¥151 may cap topside momentum unless a clear breakout triggers volatility.

🇨🇭 USD/CHF (Dollar-denominated)

• 0.7975: $650 million

📌 Note:
A single mid-sized option, serving as a short-term technical pivot.

🇨🇦 USD/CAD (Dollar-denominated)

• 1.3975: $562 million

• 1.4000: $690 million

📌 Key Highlights

• The 1.4000 strike ($690 m) marks a psychological resistance line.

• The upper-1.39 to 1.40 region is likely to remain top-heavy, with option-related selling interest capping gains.

📊 Option-Floor Summary

👉 Focus of the Day:
The EUR/USD 1.1650–1.1800 band remains the dominant cluster —
a classic NY-cut compression zone, with strong gravitational pull around 1.17 and limited upside until a clear breakout develops.