Forex

EUR/USD – heads up for large option strikes in play 1.1000 to 1.1100

Justin posted the week forward option expiry data here

Observe the curiosity in EUR/USD for as we speak on the 10am NY minimize:

Watch these ranges on method to 10am NY time for value motion. In a nutshell:

  • If the prevailing value is shut, say 30-50 pips away, and the expiry is massive ( $750m + however smaller in much less liquid pairs) we will typically see the worth affected/magnetized as battle ensues from each purchaser and vendor. We do not see the main points of whether or not it is a “put” or “name” however the value motion main as much as the occasion is what we’re actually in search of.
  • There isn’t any exact science to this and any affect will largely rely on the prevailing market sentiment, however sure we will generally see a pointy reveral main into the expiry solely to renew earlier development after.

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