🗞️ FX Options Overview — February 23, 2026

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📍 Spot Levels

• EUR/USD: 1.1828

• USD/JPY: 154.37

• GBP/USD: 1.3534

• USD/CHF: 0.7720

• USD/CAD: 1.3664

• AUD/USD: 0.7081

• NZD/USD: 0.5988

• EUR/GBP: 0.8738

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■ Monday (Feb 23)

🔹 EUR/USD

• 1.1845 (1.1B)

👉 With spot at 1.1828, 1.1845 acts as an overhead magnet.
Potential pinning into NY cut.

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🔹 AUD/USD

• 0.6865 (570M)

No immediate nearby large strike.

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🔹 EUR/GBP

• 0.8750 (510M)

Light magnet slightly above current levels.

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■ Tuesday (Feb 24)

🔹 EUR/USD

• 1.1710 (560M)

• 1.1735 (670M)

• 1.1780 (560M)

• 1.1950 (320M)

👉 Downside strikes are somewhat dispersed.
From current levels, these are not immediate magnets.

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🔹 GBP/USD

• 1.3300 (590M)

• 1.3500 (1.1B)

• 1.3650 (790M)

👉 1.3500 is the largest strike.
With spot at 1.3534, strong probability of pin attraction toward 1.3500.

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🔹 AUD/USD

• 0.7025 (1.2B)

👉 Large option cluster.
The 0.70 area becomes a major magnet zone.

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📊 Overall Structure

✔ EUR/USD: Short-term magnet at 1.1845
✔ GBP/USD: 1.3500 key strike
✔ AUD/USD: 0.7025 dominant option
✔ Market bias favors option-driven containment over directional breakout

For now, price action appears more pinning-oriented than trend-expansion oriented, especially into NY cut.