📊 September 25, 2025 – FX Option Levels (by Currency Pair)
🇪🇺 EUR/USD (EUR-denominated)
1.1600: $2.1bn
1.1650: $1.0bn
1.1670: $1.2bn
1.1700: $1.4bn
1.1745: $1.0bn
1.1750: $1.1bn
1.1800: $3.4bn 🚨 Largest
1.1850: $2.1bn
1.1865: $1.1bn
1.1930: $1.0bn
1.2000: $1.3bn
📌 Focus:
Heavy concentration at 1.1800 ($3.4bn) and 1.1850 ($2.1bn).
Combined, the 1.1800–1.1865 band exceeds $6.0bn, forming an extremely strong resistance zone.
On the downside, 1.1600 ($2.1bn) also provides a major magnet, creating powerful pull both above and below.
🇺🇸 USD/JPY (USD-denominated)
145.40: $920m
148.00: $1.2bn ✅ Largest
150.00: $923m
📌 Focus:
148.00 ($1.2bn) is the dominant strike.
Downside anchored by 145.40, upside capped at 150.00.
Strong range-magnet effect within 145.40–150.00.
🇦🇺 AUD/USD (AUD-denominated)
0.6730: $660m
📌 Medium-sized single cluster. Likely to act as a short-term magnetic zone into NY cut.
🇨🇦 USD/CAD (USD-denominated)
1.3600: $663m
1.3795: $1.2bn ✅
📌 Focus:
Heavy concentration at 1.3795 ($1.2bn).
Likely to function as a strong cap on the topside.
🇪🇺/🇬🇧 EUR/GBP (EUR-denominated)
0.8750: $1.5bn 🚨 Largest
0.8765: $1.0bn
📌 Focus:
0.8750 ($1.5bn) is a major strike.
Together with 0.8765 ($1.0bn), this creates an extremely thick resistance band at 0.8750–0.8765.
👉 Key Takeaway
EUR/USD (1.1800–1.1865) and EUR/GBP (0.8750–0.8765) are today’s primary focus zones.
Both show very heavy topside concentration, implying strong range compression and return-selling pressure into the NY cut.
