✅ FX Options Update (NY Cut | Latest Data) 📅 October 15, 2025

✅ FX Options Update (NY Cut | Latest Data)
📅 October 15, 2025

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🇪🇺 EUR/USD (Euro-denominated)

• 1.1450: €1.1 B

• 1.1600: €4.1 B 🚨

• 1.1760: €1.1 B

• 1.1800: €2.3 B

• 1.1825: €1.2 B

📌 Key Takeaways
The €4.1 B cluster at 1.1600 dominates the board, acting as the central magnetic zone into NY cut.
Moderate clusters between 1.1760–1.1825 form an upper resistance band, establishing a balanced 1.16–1.18 range.
→ Expect price compression within this band and muted volatility before expiry.

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🇬🇧 GBP/USD (Pound-denominated)

• 1.3500: £823 M

📌 Key Takeaways
A single mid-size strike at 1.3500 — potential short-term support or rebound level in a tight-range market.

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🇺🇸 USD/JPY (Dollar-denominated)

• 150.00: $1.2 B

• 151.50: $1.2 B

📌 Key Takeaways
Roughly $2.4 B concentrated between 150.00–151.50, overlapping with the intervention watch zone.
This band exerts a strong magnetic pull around ¥150, limiting directional momentum.
→ Even if broken, post-cut reversals are likely around these levels.

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🇨🇭 USD/CHF (Dollar-denominated)

• 0.8085: $734 M

📌 Key Takeaways
Moderate single strike — short-term resistance and reaction level to watch.

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🇦🇺 AUD/USD (Aussie-denominated)

• 0.6390: A$780 M

• 0.6550: A$746 M

📌 Key Takeaways
Even distribution (~A$1.5 B total) between 0.64–0.66, forming a balanced mid-range zone.
Suggests limited directional follow-through and likely range-bound behavior until cut.

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📊 Option Floor Summary

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📈 Overall Summary

The 1.1600 EUR/USD strike (€4.1 B) is today’s focal point — the largest single option concentration in the market.
Combined with the USD/JPY ¥150 zone, both major pairs are locked in strong convergence ranges, suppressing volatility ahead of NY cut.

Expect position adjustments and consolidation through the session, with post-cut releases or data events likely to trigger directional breakouts later in the day.