Today's Option Expiries | July 15, 2026
Spot Prices
EUR/USD: 1.1442
USD/JPY: 162.18
GBP/USD: 1.3412
USD/CHF: 0.8085
USD/CAD: 1.4050
AUD/USD: 0.6987
NZD/USD: 0.5818
EUR/GBP: 0.8530
Today's New York Cut (July 15)
EUR/USD
-
1.1300 (€690M)
-
1.1350 (€1.0B)
-
● 1.1380 (€1.6B) Largest
-
1.1400 (€1.0B)
-
1.1420 (€870M)
-
1.1435 (€580M)
-
1.1450 (€620M)
-
1.1470 (€660M)
-
1.1480 (€800M)
-
1.1500 (€1.5B)
Spot is currently 1.1442.
Although today's largest expiry is at 1.1380 (€1.6B), the current price is much closer to the following strikes:
-
1.1450 (€620M)
-
1.1480 (€800M)
-
1.1500 (€1.5B)
As a result, the 1.1450–1.1500 zone is likely to become the key trading area into the New York cut.
USD/JPY
-
● 160.50 ($2.7B) Largest
-
161.00 ($880M)
-
161.85 ($530M)
-
162.00 ($1.0B)
Spot is currently 162.18.
The largest expiry remains at 160.50, but it is relatively far from the current market.
In the near term, 162.00 is likely to have the greatest influence, while 160.50 could become an important support level if USD/JPY experiences a deeper pullback.
GBP/USD
-
1.3250 ($710M)
-
1.3400 ($640M)
-
1.3500 ($800M)
Spot is currently 1.3412.
Price is trading between the 1.3400 and 1.3500 strikes, suggesting continued range-bound trading.
USD/CHF
No significant option expiries today.
USD/CAD
No significant option expiries today.
AUD/USD
-
● 0.6900 (A$1.6B) Largest
Spot is currently 0.6987.
Although the 0.6900 strike is sizeable, its influence is likely to remain limited given the current distance from spot.
NZD/USD
-
0.5770 (NZ$540M)
Spot is currently 0.5818.
The current distance suggests only limited impact today.
Tomorrow's Major Expiries (July 16)
EUR/USD
-
1.1350 (€1.1B)
-
1.1375 (€760M)
-
● 1.1390 (€2.4B) Largest
-
1.1395 (€790M)
-
1.1450 (€600M)
-
1.1475 (€2.1B)
-
1.1500 (€1.2B)
-
1.1525 (€630M)
USD/JPY
-
161.00 ($1.1B)
-
161.35 ($610M)
-
161.50 ($570M)
-
162.00 ($600M)
-
162.50 ($530M)
-
163.00 ($630M)
-
163.50 ($1.4B)
-
● 164.00 ($2.0B) Largest
GBP/USD
-
1.3320 ($780M)
-
1.3325 ($1.0B)
-
1.3450 ($600M)
-
1.3500 ($950M)
USD/CHF
-
0.8075 ($620M)
USD/CAD
-
1.4080 (C$680M)
-
● 1.4120 (C$1.1B) Largest
Overall Picture
-
EUR/USD has a cluster of option expiries between 1.1450 and 1.1500, making this the most relevant trading zone near current prices.
-
USD/JPY is likely to remain centered around 162.00, while the large 160.50 strike could provide support if the pair declines sharply.
-
AUD/USD has a sizeable expiry at 0.6900, although it is currently some distance from spot.
-
Tomorrow's key option levels include USD/JPY 164.00, EUR/USD 1.1390, and USD/CAD 1.4120.
Trading Strategy
EUR/USD
-
Focus on the 1.1450–1.1500 range.
-
Expect price to gravitate toward 1.1450 ahead of the New York cut.
-
Range trading remains preferable to chasing breakouts.
USD/JPY
-
Expect trading to remain centered around 162.00.
-
The large 160.50 expiry becomes increasingly important if the pair moves lower.
GBP/USD
-
Favor range trading between 1.3400 and 1.3500.
AUD/USD
-
Treat 0.6900 as the key downside reference within the current range.
Summary
Today's key option themes are:
● EUR/USD 1.1380 (€1.6B)
● EUR/USD 1.1500 (€1.5B)
● USD/JPY 160.50 ($2.7B)
Although the largest EUR/USD expiry is at 1.1380, option interest is heavily concentrated between 1.1450 and 1.1500, making that range the most relevant area for today's trading.
For USD/JPY, the large 160.50 expiry remains important, but given the current spot level, price action is more likely to stay centered around 162.00 in the near term.
Overall, today's market is expected to be characterized by range-bound trading, with EUR/USD likely to remain the primary option-driven pair.
