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πŸ“Š FX Options Report March 12, 2026 | NY Cut Overview

πŸ“Š FX Options Report

March 12, 2026 | NY Cut Overview

β–  Current Spot Levels

Currency Pair Spot
EUR/USD 1.1542
USD/JPY 159.05
GBP/USD 1.3363
USD/CHF 0.7817
USD/CAD 1.3587
AUD/USD 0.7116
NZD/USD 0.5898
EUR/GBP 0.8634

β–  Thursday (March 12) NY Cut

EUR/USD

Strike Size
1.1500 €1.4B
1.1530 €910M
1.1550 €840M
1.1575 €800M
1.1600 €930M
1.1650 €1.3B
1.1680 €1.3B
1.1685 €650M
1.1700 €770M

πŸ‘‰ Spot: 1.1542

  • Short-term magnet: around 1.1550

  • Upper option cluster: 1.1650–1.1680

USD/JPY

Strike Size
157.00 $660M
159.50 $560M
160.00 $890M β˜…Largest
160.75 $730M

πŸ‘‰ Spot: 159.05

The most important magnet is 160.00.

USD/CAD

Strike Size
1.3700 $530M

AUD/USD

Strike Size
0.6975 $1.1B
0.7000 $580M
0.7175 $620M
0.7300 $660M

πŸ‘‰ Spot: 0.7116

0.7175 may act as a short-term attraction level.

EUR/GBP

Strike Size
0.8800 €650M

β–  Friday (March 13) NY Cut

EUR/USD

Strike Size
1.1400 €580M
1.1500 €870M
1.1590 €700M
1.1595 €930M
1.1600 €1.0B
1.1670 €1.7B
1.1680 €690M
1.1700 €2.9B β˜…Largest

πŸ‘‰ 1.1700 is a massive magnet.

Friday’s structure suggests upside attraction toward 1.1700.

USD/JPY

Strike Size
156.00 $1.0B

USD/CHF

Strike Size
0.7700 $530M

AUD/USD

Strike Size
0.7000 $960M
0.7100 $820M

β–  Overall Market Structure

Current option positioning indicates:

βœ” EUR/USD
Short-term: 1.1550 magnet
Medium-term: 1.1650–1.1700 option magnet zone

βœ” USD/JPY
160.00 is the key upside target

βœ” AUD/USD
Likely 0.71–0.7175 range

βœ” EUR/GBP
Upside magnet at 0.8800

β–  Market Bias

Overall structure suggests:

Upward pressure on USD/JPY
+
EUR option attraction above

Meaning:

  • USD/JPY may gravitate toward 160

  • EUR/USD may remain influenced by the 1.1650–1.1700 option zone

  • AUD/USD likely to stabilize around the 0.71 area

Unless major geopolitical headlines override option flows, the market may remain anchored near these option levels into the NY cut.

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