✅ FX Options Overview (Nov 18–19)
■ NY Cut – Tuesday, Nov 18
EUR/USD (Spot: 1.1595)
| Strike | Notional Size |
|---|---|
| 1.1500 | ~€591 million |
| 1.1675 | ~€1.1 billion (very large) |
| 1.1730 | ~€678 million |
| 1.1760 | ~€599 million |
👉 A massive €1.1bn option at 1.1675 — strong magnetic pull on price.
AUD/USD (Spot: 0.6478)
| Strike | Notional Size |
|---|---|
| 0.6400 | ~AUD 1.0 billion |
| 0.6500 | ~AUD 1.2 billion (major) |
| 0.6600 | ~AUD 1.2 billion (major) |
👉 Huge AUD 1.2bn expiries at 0.6500 and 0.6600 — strong gravitational effect.
■ NY Cut – Wednesday, Nov 19
EUR/USD
| Strike | Notional Size |
|---|---|
| 1.1400 | ~€1.0 billion |
| 1.1600 | ~€940 million |
| 1.1700 | ~€1.6 billion (very large) |
| 1.1750 | ~€500 million |
| 1.1800 | ~€2.9 billion (huge)** |
👉 The €2.9bn at 1.1800 is exceptionally large — likely to attract spot.
USD/JPY (Spot: 155.13)
| Strike | Notional Size |
|---|---|
| 153.00 | ~$1.4 billion (large) |
| 153.50 | ~$530 million |
👉 The $1.4bn at 153.00 may act as a strong downside support.
USD/CAD
| Strike | Notional Size |
|---|---|
| 1.3750 | ~$1.0 billion |
AUD/USD
| Strike | Notional Size |
|---|---|
| 0.6500 | ~AUD 510 million |
📌 Key Takeaways (Most Important)
1) EUR/USD
-
Tue: 1.1675 (€1.1bn)
-
Wed: 1.1700 (€1.6bn), 1.1800 (€2.9bn)
→ Large cluster of upside barriers; strong pull higher.
2) USD/JPY
-
153.00: $1.4bn
→ Likely to act as strong downside support.
3) AUD/USD
-
Tue: 0.6500 & 0.6600 (AUD 1.2bn each)
→ Strong attractor levels.
