Today’s Option Landscape — February 12, 2026

Today’s Option Landscape — February 12, 2026

12 2月 2026, 10:59
Masayuki Sakamoto
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Today’s Option Landscape — February 12, 2026

Spot Levels

  • EUR/USD: 1.1856

  • USD/JPY: 153.36

  • GBP/USD: 1.3612

  • USD/CHF: 0.7719

  • USD/CAD: 1.3588

  • AUD/USD: 0.7112

  • NZD/USD: 0.6041

  • EUR/GBP: 0.8708

■ Thursday (February 12)

EUR/USD

  • 1.1750 (2.2B)

  • 1.1760 (1.4B)

👉 A thick downside buffer sits below.
Downside should be limited into the low-1.18 area.


USD/JPY

  • 153.00 (580M)

  • 154.00 (950M)

  • 156.75 (510M)

👉 Spot 153.36.
The 153–154 zone acts as a short-term magnet band.


■ Friday (February 13)

EUR/USD

  • 1.1750 (2.4B)

  • 1.1755 (847M)

  • 1.1775 (1.6B)

  • 1.1780 (889M)

  • 1.1790 (850M)

  • 1.1795 (1.1B)

  • 1.1800 (3.4B) ★ Major

  • 1.1805 (569M)

  • 1.1850 (3.4B) ★ Major

  • 1.1875 (727M)

  • 1.1900 (1.6B)

  • 1.1935 (703M)

  • 1.1950 (2.7B)

  • 1.1955 (1.2B)

👉 Massive option walls between 1.18 and 1.19.
1.1800 and 1.1850 stand out as especially powerful magnets.


USD/JPY

  • 151.40 (630M)

  • 152.00 (1.4B)

  • 154.00 (1.1B)

  • 155.00 (1.5B)

  • 156.00 (1.46B)

👉 A range-constraining structure between 152 and 155.


GBP/USD

  • 1.3475 (1.0B)

  • 1.3600 (637M)


USD/CAD

  • 1.3500 (536M)

  • 1.3740 (550M)

  • 1.3775 (517M)


AUD/USD

  • 0.7165 (502M)


EUR/GBP

  • 0.8675 (533M)

  • 0.8745 (720M)


■ Overall Takeaways

EUR/USD: Massive confinement zone between 1.1800–1.1900
USD/JPY: Magnetic range between 152–155
✔ The broader market is option-driven rather than trend-driven

👉 This is a pinning and mean-reversion environment, not a breakout market.
Short-term strategy should prioritize reversion toward major strikes over directional chasing.