📊 FX Options Expiry Overview — Monday, Nov 17 & Tuesday, Nov 18

Large option expiries act as magnet levels.
When a significant amount of open interest remains at a certain strike, that price tends to:

• attract spot price movements

• act as support/resistance

• slow down or cap volatility near the level

The bigger the amount, the stronger the pull or barrier.

🇪🇺 EUR/USD

Outstanding option amounts:

• 1.1400 → €1.1bn

• 1.1440 → €520m

• 1.1550 → €890m

• 1.1700 → €1.1bn

• 1.1800 → €1.1bn

★ Key Takeaways

• 1.1400 (large) → strong downside support

• 1.1700–1.1800 (large cluster) → heavy upside resistance

🇺🇸 USD/JPY

• 155.00 → $530m

→ Not massive, but enough to make 155.00 a meaningful psychological level.

🇨🇦 USD/CAD

• 1.4000 → $510m

→ 1.4000 = psychological level + option interest → likely to act as a sticky support/resistance zone.

🇪🇺 EUR/USD

• 1.1500 → €590m

• 1.1675 → €1.1bn (largest)

• 1.1730 → €670m

• 1.1760 → €590m

★ Key Takeaway

• 1.1675 is the dominant magnet level of the day
  → Spot is likely to gravitate toward this level into NY cut.

🇦🇺 AUD/USD

• 0.6400 → A$1.0bn

• 0.6500 → A$1.2bn

• 0.6600 → A$1.2bn

★ Key Takeaway

• Massive concentration at 0.6500–0.6600
  → Strong upside resistance zone
  → Return rallies likely to be capped.