📊 FX Options Overview — February 13, 2026

📊 FX Options Overview — February 13, 2026

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🔎 Spot Levels

• EUR/USD: 1.1852

• USD/JPY: 153.46

• GBP/USD: 1.3595

• USD/CHF: 0.7702

• USD/CAD: 1.3630

• AUD/USD: 0.7053

• NZD/USD: 0.6019

• EUR/GBP: 0.8715

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■ Friday (Feb 13)

💶 EUR/USD

Key Strikes:

• 1.1750 (2.4bn)

• 1.1775 (1.6bn)

• 1.1800 (3.4bn)

• 1.1850 (3.4bn)

• 1.1900 (1.6bn)

• 1.1950 (2.7bn)

👉 1.1800 and 1.1850 are the largest magnets (3.4bn each).
With spot at 1.1852, price is sitting directly on the 1.1850 gravity zone.

Strong pinning risk into expiry.

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💴 USD/JPY

Key Strikes:

• 152.00 (1.4bn)

• 154.00 (1.1bn)

• 155.00 (1.5bn)

• 156.00 (1.4bn)

👉 Heavy concentration between 152–155.
153s represent the midpoint zone — flexible, but 154 acts as a strong magnet.

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💷 GBP/USD

• 1.3475 (1.0bn)

• 1.3600 (0.64bn)

👉 Spot 1.3595 — effectively inside the 1.3600 pin zone.

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🇨🇦 USD/CAD

• 1.3500 (0.54bn)

• 1.3740 (0.55bn)

• 1.3775 (0.52bn)

Relatively lighter structure — less restrictive compared to EUR/USD or USD/JPY.

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🇦🇺 AUD/USD

• 0.6900 (0.69bn)

• 0.7165 (0.50bn)

Wide bracket structure.
Mid-range currently less constrained.

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🇪🇺 EUR/GBP

• 0.8675 (0.53bn)

• 0.8745 (0.72bn)

Upper magnet slightly stronger.

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■ Monday (Feb 16)

💶 EUR/USD

• 1.1950 (0.95bn)

👉 Minor upside wall for early next week.

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🧠 Structural Summary

✔ EUR/USD: 1.1850 = ultra-magnet level
✔ USD/JPY: Pull toward 154
✔ GBP/USD: 1.3600 pin structure
✔ Overall market tone: Pin/containment structure rather than breakout structure

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🎯 Strategic Implication

This is not a “chase the breakout” environment.
It is a gravity-driven options market where:

• Reversion to large strikes dominates

• Intraday spikes tend to fade

• Expiry levels matter more than momentum

Short-term tactics should favor magnet behavior over trend projection.