FX Options Overview — October 14, 2026: Key Expiry Levels

Today — October 14

EUR/USD: Expiries are 1.1100 (€853m), 1.1125 (€512m), 1.1230 (€531m), 1.1275 (€862m), 1.1285 (€628m), 1.1290 (€1.2bn, largest), 1.1325 (€565m), 1.1335 (€625m) and 1.1350 (€528m). The nearest, 1.1230, is about 22 pips above spot, but is a modest expiry. On a rebound, watch 1.1230, then the larger 1.1275–1.1290 area. The downside references are 1.1125 (about 83 pips below) and 1.1100 (about 108 pips below).

USD/JPY: Expiries are 157.00 ($1.3bn, largest), 158.50 ($570m), 159.00 ($1.1bn) and 159.50 ($521m). The 158.50 strike is about 27 pips above spot; 159.00 is the next upside reference. The largest expiry at 157.00 is around 123 pips below and distant.

Other pairs today: USD/CAD 1.4250 ($1.9bn), about 51 pips above spot; AUD/USD 0.6885 (A$629m), about 111 pips below; EUR/GBP 0.8495 (€816m), about 52 pips above. No notable expiries are listed for GBP/USD, USD/CHF or NZD/USD.

Next business day — October 15

EUR/USD: 1.1150 (€719m), 1.1200 (€881m), 1.1225 (€578m), 1.1250 (€4bn, largest), 1.1275 (€2.1bn) and 1.1350 (€3bn). The nearest strike, 1.1200, is 8 pips below spot. On a rebound, focus on 1.1250–1.1275.

USD/JPY: 157.00 ($833m), 157.50 ($883m), 158.00 ($993m) and 158.50 ($698m). These strikes bracket spot around 158.00–158.50.

AUD/USD: 0.6900 (A$658m), 0.7000 (A$1.5bn), 0.7020 (A$521m) and 0.7030 (A$556m). The 0.7000 strike is about 4 pips above spot. USD/CHF 0.8250 ($558m) is about 66 pips below; EUR/GBP 0.8480 (€1.1bn) is about 37 pips above. No notable expiries are listed for GBP/USD, USD/CAD or NZD/USD.

Overall, the nearest notable levels today are USD/JPY 158.50 and EUR/USD 1.1230, neither a particularly large expiry. For October 15, EUR/USD has a major concentration at 1.1250, USD/JPY expiries bracket spot, and AUD/USD 0.7000 is nearly at spot. Treat options strikes as reference levels, not directional signals. Prioritize price action and broader drivers, and assess whether spot consolidates near a strike or sustains a move away.