✅ FX Option Expiries Summary (Dec 16–17)

✅ FX Option Expiries Summary (Dec 16–17)

📌 Spot Prices

🟪 Dec 16 (Tue) – Option Expiries

EUR/USD

• 1.1635 (EUR 547m)

• 1.1650 (EUR 635m)

• 1.1695 (EUR 717m)

• 1.1700 (EUR 679m)

• 1.1750 (EUR 1.46bn)

• 1.1755 (EUR 591m)

• 1.1870 (EUR 708m)

USD/JPY

• 154.00 (USD 580m)

• 156.00 (USD 1.00bn)

• 157.00 (USD 1.10bn)

GBP/USD

• 1.3450 (GBP 697m)

• 1.3500 (GBP 4.90bn) ← Largest single strike

USD/CAD

• 1.3750 (USD 745m)

• 1.3910 (USD 535m)

AUD/USD

• 0.6540 (AUD 618m)

🟩 Dec 17 (Wed) – Option Expiries

EUR/USD

• 1.1600 (EUR 1.10bn)

• 1.1620 (EUR 719m)

• 1.1630 (EUR 1.00bn)

• 1.1650 (EUR 633m)

• 1.1700 (EUR 1.70bn)

• 1.1750 (EUR 1.40bn)

• 1.1775 (EUR 664m)

• 1.1785 (EUR 772m)

• 1.1800 (EUR 2.20bn) ← Largest for the day

• 1.1850 (EUR 641m)

USD/JPY

• 153.75 (USD 750m)

• 154.00 (USD 715m)

• 154.75 (USD 676m)

• 155.00 (USD 850m)

AUD/USD

• 0.6475 (AUD 650m)

• 0.6590 (AUD 600m)

• 0.6620 (AUD 590m)

• 0.6650 (AUD 470m)

• 0.6700 (AUD 938m) ← Key level

• 0.6750 (AUD 578m)

🔥 Key Takeaways (Trade-Relevant)

EUR/USD

• Dec 16: 1.1750 (EUR 1.46bn)

• Dec 17: 1.1700 / 1.1750 / 1.1800 (EUR 1.4–2.2bn)
  ➡ 1.1700–1.1800 is a very strong “pinning” zone; price magnet behavior likely into NY cut.

USD/JPY

• Dec 16: 156.00–157.00 (≥ USD 1bn)

• Dec 17: 155.00 (USD 850m)
  ➡ 155–157 area acts as the central gravity band.

GBP/USD

• Dec 16: 1.3500 (GBP 4.9bn)
  ➡ By far the largest single option in this dataset; strong pin risk near 1.35.

AUD/USD

• Dec 17: 0.6700 (AUD 938m)
  ➡ 0.6650–0.6700 is the key awareness zone.

Practical Notes

• Large expiries (≈ ≥1bn) tend to dampen volatility and pull price toward the strike into NY cut.

• Post-cut, hedges unwind → breakouts can extend.

• Today’s risk is false breaks pre-cut followed by mean reversion.