Option Expiries 2 December 2016

OPTION EXPIRIES FOR TODAY’S 1000AM NY CUT (1500GMT) VIA FOREX LIVE
EURUSD 1.0450 (EUR 2.38bln) 1.0500 (1.41bln) 1.0550 (1.86bln) 1.0600 (2.83bln) 1.0650 (2.23bln) 1.0700 (2.3bln) 1.0800 (1.48bln)
USDJPY 110.00 (USD 1.09bln) 111.50 (1.16bln) 111.75 500m) 112.00 (411m) 112.50 (1.6bln) 113.00-05 (422m) 115.00 (420m)
GBPUSD 1.2450 (GBP 531m) 1.2500 (788m) 1.2700 (497m)
AUDUSD 0.7320 (AUD 943m) 0.7425 (337m)
NZDUSD 0.7050 (NZD 834m)
USDCAD 1.3375-80 (USD 472m) 1.3500 (932m) 1.3600 (786m)
AUDNZD 1.0500 (AUD 1.15bln)

Options Barrier : EURUSD

When I wrote my previous post about ‘Trading the pullback’ was unaware that the ‘supply area’ was just below a major 731 million options barrier (the red line).

Options Barrier EURUSD

Note: I’ve marked the option level slightly too low in the above graphic (1.4450 rather the correct 1.450)

Also I mentioned the EURUSD might be pulling back to go higher, look how it pulled back again for another ‘liquidity fix.’

options

I don’t thoroughly understand options trading fully, only that that option expiries for the New York ‘cut’ are generally publicised on numerous FX websites. Also these option levels can act like magnets to price. I get mine from Talking Forex (costs about £20 a month). Forex Live website also posts them (but not always.