Today’s Option Map — Feb 5, 2026 (NY Cut)
■ EUR/USD (Spot 1.1785)
Thu 05/02 Expiries
-
1.1700 (1.4B)
-
1.1705 (667M)
-
1.1715 (663M)
-
1.1725 (1.2B)
-
1.1735 (646M)
-
1.1800 (2.3B) ★
-
1.1825 (1.1B)
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1.1830 (1.8B)
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1.1880 (586M)
Spot sits just below the very large 1.1800 strike, with additional size at 1.1825 / 1.1830.
👉 High probability of adhesion to 1.1800 and stabilization nearby into the NY cut.
■ USD/JPY (Spot 156.94)
Thu 05/02 Expiries
-
153.00 (1.4B)
-
153.75 (932M)
-
154.00 (1.3B)
-
155.00 (1.1B)
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158.50 (980M)
-
159.50 (1.5B)
Spot is between sizable walls above and below.
👉 A textbook pinning day centered around the 157 handle.
■ GBP/USD (Spot 1.3608)
Thu 05/02 Expiry
-
1.3490 (596M)
👉 Mild downward reversion pressure.
■ USD/CAD (Spot 1.3685)
Thu 05/02 Expiries
-
1.3500 (800M)
-
1.3675 (550M)
Spot is just above the magnet.
👉 Pull toward 1.3675 likely.
■ AUD/USD (Spot 0.6972)
Thu 05/02 Expiry
-
0.6850 (925M)
👉 Downward reversion bias.
■ NZD/USD (Spot 0.5984)
No major strikes.
👉 Likely to follow AUD lower.
■ EUR/GBP (Spot 0.8658)
Thu 05/02 Expiry
-
0.8650 (573M)
👉 Pin at current level.
■ Fri 06/02 (Forward Look)
EUR/USD
-
1.1800 (2.5B)
-
1.1825 (603M)
-
1.1850 (963M)
-
1.1875 (794M)
-
1.1900 (715M)
→ Continued 1.18 pin tomorrow.
USD/JPY
-
154.00 (500M)
-
156.00 (564M)
-
157.00 (851M)
-
159.90 (1.16B)
→ 157 center again.
Big Picture
A very clear NY-cut driven, static session:
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EUR/USD → 1.1800 adhesion
-
USD/JPY → 157 pin
-
USD/CAD → reversion to 1.3675
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AUD/USD → downward bias
-
EUR/GBP → spot pin
Classic option-led, range-fixing price action.
