Today’s Option Map — Feb 4, 2026 (NY Cut)
■ EUR/USD (Spot 1.1834)
Wed 04/02 Expiries
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1.1600 (2.2B)
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1.1800 (1.2B)
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1.1850 (1.6B) ★
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1.1900 (845M)
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1.1925 (597M)
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1.1950 (637M)
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1.2000 (765M)
Spot sits just below the large 1.1850 strike.
Today is very likely a pinning session centered on 1.1850.
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Lower edge: 1.1800
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Upper edge: 1.1900
A clean 1.18–1.19 box is in place.
■ USD/JPY (Spot 156.30)
Wed 04/02 Expiries
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153.25 (802M)
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155.50 (570M)
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156.25 (713M)
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156.50 (964M) ★ Main magnet
Spot is just below the largest magnet.
Today favors adhesion toward 156.50.
■ USD/CAD (Spot 1.3629)
Wed 04/02 Expiry
-
1.3700 (503M)
Magnet lies above → gradual upward reversion pressure into NY.
■ AUD/USD (Spot 0.7031)
Wed 04/02 Expiries
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0.6950 (2.0B)
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0.7000 (990M)
-
0.7100 (1.1B)
A fully range-bound structure.
Back-and-forth around 0.7000.
■ NZD/USD (Spot 0.6041)4
Wed 04/02 Expiry
-
0.5975 (897M)
Mild downward pressure.
■ Thu 05/02 (Forward Look)
EUR/USD
-
1.1750 (1.4B)
-
1.1800 (2.3B)
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1.1825 (1.1B)
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1.1830 (1.8B)
-
1.1880 (586M)
→ Even stronger 1.18 pin tomorrow.
USD/JPY
-
153.00 (1.4B)
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153.50 (932M)
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154.00 (1.3B)
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155.00 (1.1B)
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156.00 (926M)
-
158.50 (980M)
→ Range oscillation inside the band.
Big Picture
A highly textbook option-driven session:
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EUR/USD → 1.1850 pin
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USD/JPY → 156.50 pin
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AUD/USD → 0.70 range lock
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USD/CAD → Upward reversion
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NZD/USD → Slight downward bias
A classic NY-cut adhesion day with static, option-led price action.
