Today’s Option Expiries | July 24, 2026
■ Spot Prices
EUR/USD: 1.1385
USD/JPY: 163.77
GBP/USD: 1.3322
USD/CHF: 0.8167
USD/CAD: 1.4075
AUD/USD: 0.6980
NZD/USD: 0.5780
EUR/GBP: 0.8545
■ Today’s Expiries | July 24
EUR/USD
・1.1325 (€1.0B)
・1.1350 (€1.0B)
・1.1375 (€720M)
・1.1400 (€590M)
● 1.1430 (€1.3B) Largest
・1.1445 (€610M)
・1.1450 (€1.0B)
・1.1480 (€580M)
・1.1500 (€1.0B)
● 1.1600 (€2.1B)
Spot is currently 1.1385.
The nearest expiries to the current market are:
・1.1375 (€720M)
・1.1400 (€590M)
Above spot, the main levels are:
● 1.1430 (€1.3B)
and further higher:
● 1.1600 (€2.1B)
The 1.1375–1.1430 area is likely to form the main option-related trading zone for today.
USD/JPY
● 162.00 ($2.3B) Largest
・162.50 ($830M)
・163.00 ($620M)
・163.30 ($1.0B)
・164.00 ($780M)
Spot is currently 163.77.
The 164.00 strike is the nearest expiry to the current market, although the largest option interest is positioned considerably lower at 162.00.
GBP/USD
No significant large expiries today.
USD/CHF
No significant large expiries today.
USD/CAD
No significant large expiries today.
AUD/USD
● 0.7025 (A$1.6B) Largest
・0.7080 (A$1.5B)
・0.7150 (A$630M)
Spot is currently 0.6980.
The 0.7000–0.7025 area is likely to be watched as an important resistance zone on any rebound.
NZD/USD
No significant large expiries today.
EUR/GBP
No significant large expiries today.
■ Next Business Day Expiries | July 27
EUR/USD
・1.1290 (€830M)
・1.1350 (€540M)
・1.1360 (€1.4B)
● 1.1375 (€1.8B) Largest
・1.1400 (€1.5B)
・1.1430 (€600M)
・1.1435 (€550M)
・1.1450 (€750M)
・1.1480 (€730M)
・1.1500 (€620M)
・1.1545 (€530M)
USD/JPY
● 162.00 ($2.8B) Largest
GBP/USD
・1.3300 (£750M)
・1.3350 (£640M)
AUD/USD
・0.6985 (A$530M)
・0.7030 (A$590M)
■ Overall Market Structure
・EUR/USD has its main expiry at 1.1430 today, with a much larger €2.1 billion expiry positioned at 1.1600.
・USD/JPY has its largest expiry at 162.00, although spot is currently trading much closer to the 164.00 strike.
・AUD/USD has a large expiry at 0.7025, making this an important reference point for any rebound.
・For the next business day, the main option levels are EUR/USD at 1.1375 and USD/JPY at 162.00.
■ Trading Strategy
EUR/USD
・Focus on a potential range between 1.1375 and 1.1430.
・A clear break above 1.1430 could open the way toward 1.1450.
USD/JPY
・The 164.00 area may act as near-term resistance.
・From a broader perspective, the large 162.00 expiry remains an important downside reference.
AUD/USD
・The 0.7000–0.7025 area is the key resistance zone.
・A sustained break above this area would require stronger upward momentum.
■ Summary
Today’s key option levels are:
● EUR/USD 1.1430 (€1.3B)
● EUR/USD 1.1600 (€2.1B)
● USD/JPY 162.00 ($2.3B)
● AUD/USD 0.7025 (A$1.6B)
EUR/USD may remain sensitive to the 1.1430 area, while AUD/USD is likely to face resistance around 0.7025.
In USD/JPY, spot has risen to just below 164, making the 164.00 expiry the immediate focus for today.
Large expiries at USD/JPY 162.00 and EUR/USD 1.1375 are also scheduled for the next business day, meaning these option levels are likely to remain important reference points into the start of next week.
