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πŸ“Š FX Options Expiry Overview β€” Monday, Nov 17 & Tuesday, Nov 18

πŸ“Š FX Options Expiry Overview β€” Monday, Nov 17 & Tuesday, Nov 18

Large option expiries act as magnet levels.
When a significant amount of open interest remains at a certain strike, that price tends to:

  • attract spot price movements

  • act as support/resistance

  • slow down or cap volatility near the level

The bigger the amount, the stronger the pull or barrier.

🟣 Nov 17 (Monday)

πŸ‡ͺπŸ‡Ί EUR/USD

Outstanding option amounts:

  • 1.1400 β†’ €1.1bn

  • 1.1440 β†’ €520m

  • 1.1550 β†’ €890m

  • 1.1700 β†’ €1.1bn

  • 1.1800 β†’ €1.1bn

β˜… Key Takeaways

  • 1.1400 (large) β†’ strong downside support

  • 1.1700–1.1800 (large cluster) β†’ heavy upside resistance

πŸ‡ΊπŸ‡Έ USD/JPY

  • 155.00 β†’ $530m

β†’ Not massive, but enough to make 155.00 a meaningful psychological level.

πŸ‡¨πŸ‡¦ USD/CAD

  • 1.4000 β†’ $510m

β†’ 1.4000 = psychological level + option interest β†’ likely to act as a sticky support/resistance zone.

🟣 Nov 18 (Tuesday)

πŸ‡ͺπŸ‡Ί EUR/USD

  • 1.1500 β†’ €590m

  • 1.1675 β†’ €1.1bn (largest)

  • 1.1730 β†’ €670m

  • 1.1760 β†’ €590m

β˜… Key Takeaway

  • 1.1675 is the dominant magnet level of the day
    β†’ Spot is likely to gravitate toward this level into NY cut.

πŸ‡¦πŸ‡Ί AUD/USD

  • 0.6400 β†’ A$1.0bn

  • 0.6500 β†’ A$1.2bn

  • 0.6600 β†’ A$1.2bn

β˜… Key Takeaway

  • Massive concentration at 0.6500–0.6600
    β†’ Strong upside resistance zone
    β†’ Return rallies likely to be capped.

🟣 Key Points Summary

Pair / Day Level Market Meaning
EUR/USD (Mon) 1.1400 Strong downside support
EUR/USD (Mon) 1.1700–1.1800 Heavy upside resistance
EUR/USD (Tue) 1.1675 Largest expiry β†’ price magnet
AUD/USD (Tue) 0.6500–0.6600 Very strong resistance cluster
USD/JPY 155.00 Psychological level, option influence

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