A few pairs in play as the option expiry time looms large – ForexLive

Some notable option interest today again  8 March

Further to my daily post and other references here’s the contracts in play and an update on price action so far as we head into 15.00 GMT
  • EURUSD: 1.2300 (1.55bln) 1.2350 (700m)
  • USDJPY: 106.00 (USD 1.1bln)
  • GBPUSD: 1.3910-20 (540m)
  • EURGBP: 0.8920 (EUR 310m)
  • AUDUSD:0.7800 (350m)0.7825 (680m)
  • USDCAD:1.2820 (USD 810m)

GBPUSD now 1.3866 after being capped a few times around 1.3900 as per my earlier posts, USDCAD fell to 1.2867 but 1.2820 seemingly a step too far now and back to 1.2885

USDJPY pinned close to 106.00 while EURUSD has some interest at 1.2350 and EURGBP at 0.8920.

Coincidences vis a vis current levels? I think not my friends.

More interest tomorrow to keep in mind. I did warn earlier in my ECB preview that EURUSD was going nowhere new in a hurry.

Friday March 9

  • EURUSD  1.2300 EUR 1.5bn 1.2350 1.2bn 1.2450 1.6bn 1.2500 2.0bn
  • USDJPY   107.00 USD 3.9bn
  • USDCAD  1.3000 USD 1.4bn

Remember these are vanilla options and in play right up until expiry even if breached in the meantime unlike barrier options which cease to be once broken. Barrier Options still live:

  • EURUSD 1.2600
  • USDJPY  105.00 104.00
For more info on how to use this all data, please refer to my post here.

See you all back here tomorrow for more fun n games.

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