Today’s Option Landscape (Feb 3, 2026 — NY Cut)

Today’s Option Landscape (Feb 3, 2026 — NY Cut)

■ EUR/USD (Spot 1.1807)

4

Tue 03/02 Expiries

• 1.1745 (697M)

• 1.1785 (848M)

• 1.1800 (935M)

• 1.1850 (3.9B) ★ Main magnet

• 1.1865 (616M)

• 1.1890 (714M)

• 1.1900 (551M)

• 1.1935 (1.5B)

• 1.1940 (1.4B)

• 1.1950 (1.1B)

• 1.2000 (1.4B)

Spot is clearly below 1.1850.
Today is a textbook pull toward 1.1850 into the NY cut.
Once reached, layered resistance above suggests price will hover around 1.1850.

■ USD/JPY (Spot 155.42)

4

Tue 03/02 Expiry

• 155.75 (952M) ★ Pinpoint magnet

Spot sits almost directly below.
A classic pinning pattern toward 155.75 is likely today.

■ USD/CAD (Spot 1.3664)

4

Tue 03/02 Expiry

• 1.3590 (577M)

Strike lies below spot → mild downward reversion pressure.

■ NZD/USD (Spot 0.6033)

Tue 03/02 Expiry

• 0.5800 (888M)

Too far to matter today → technicals dominate.

■ Wed 04/02 (Reference)

EUR/USD

• 1.1600 (2.2B)

• 1.1800 (1.2B)

• 1.1850 (1.6B)

• 1.1900 (845M)

• 1.1925 (597M)

• 1.1950 (637M)

• 1.2000 (765M)

→ Likely 1.18–1.19 range lock tomorrow.

USD/JPY

• 153.25 (802M)

• 155.50 (570M)

• 156.25 (713M)

• 156.50 (964M) Main magnet

→ 156.50 becomes tomorrow’s magnet.

AUD/USD

• 0.6950 (2.0B)

• 0.7000 (990M)

• 0.7100 (1.1B)

→ Strong range adhesion expected.

Big Picture

Today is a very clear NY-cut reversion / pinning session.

• EUR/USD → Drawn toward 1.1850

• USD/JPY → Pinned near 155.75

• USD/CAD → Gentle drift lower

• Others → Limited option impact

Expect option-driven price action.
Rather than chasing breakouts, today favors trades that anticipate reversion toward the strikes.