📊 Aug 27, 2025 — FX Option Positioning (by Pair)

📊 Aug 27, 2025 — FX Option Positioning (by Pair)

🇪🇺 EUR/USD (EUR Notional)

• 1.1485: €1.4B

• 1.1500: €3.7B ✅ Largest

• 1.1550: €2.8B

• 1.1630: €980M

• 1.1650: €3.2B ✅

• 1.1660: €1.7B

• 1.1700: €1.9B

• 1.1750: €1.5B

📌 Key Zone:

• Massive cluster at 1.1500 (€3.7B), 1.1550 (€2.8B), and 1.1650 (€3.2B).

• In total, €9B+ concentrated in a narrow 15-pip band (1.1500–1.1650).

• → Extremely strong magnet zone, with high convergence risk.

🇺🇸 USD/JPY (USD Notional)

• 147.50: $1.1B

• 148.00: $1.9B ✅

📌 Key Level:

• 148.00 ($1.9B) = dominant magnet.

• → Likely to anchor price action around 148 into the NY cut.

🇬🇧 GBP/USD (GBP Notional)

• 1.3300: £1.1B

• 1.3350: £1.3B ✅

• 1.3575: £1.1B

📌 Key Level:

• 1.3350 (£1.3B) = main resistance zone, likely sell-on-rally cap.

🇨🇦 USD/CAD (USD Notional)

• 1.3690: $1.5B ✅

📌 Key Level:

• Standalone large strike → strong magnet effect near 1.37.

🇦🇺 AUD/USD (AUD Notional)

• 0.6520: A$1.1B ✅

• 0.6525: A$990M

📌 Key Zone:

• Nearly A$2.0B concentrated in a narrow 5-pip band (0.6520–0.6525).

• → Very high risk of price convergence in that tight zone.

🇳🇿 NZD/USD (NZD Notional)

• 0.5900: NZ$590M

📌 Key Level:

• Acts as a downside floor; break lower risks stop-driven extension.

📊 Strategy Takeaways (Option Floor Perspective)

👉 Key Focus Today:

• EUR/USD 1.1500–1.1650 = super magnet zone (likely to trap price inside).

• USD/JPY 148.00 = main anchor for NY cut.

⚖️ 15-min Power Balance

USD > CAD > GBP > AUD = CHF > JPY > EUR = NZD