FX Option Expiries for Sept 17 NY Cut
For those looking to stay ahead in the foreign exchange market, understanding FX option expiries is crucial. Here are the key expiries for Sept 17 NY cut at 10:00 Eastern Time, as reported by DTCC:
EUR/USD
- 1.1025 – 1.7 billion euros
- 1.1030 – 1.9 billion euros
- 1.1050 – 779 million euros
- 1.1100 – 909 million euros
- 1.1125 – 1.4 billion euros
- 1.1140 – 728 million euros
GBP/USD
- 1.3000 – 532 million pounds
- 1.3100 – 765 million pounds
- 1.3300 – 511 million pounds
USD/JPY
- 138.00 – 545 million US dollars
- 140.85 – 1.2 billion US dollars
- 141.00 – 560 million US dollars
Stay informed about these expiries to make informed trading decisions in the volatile FX market.
Analysis and Importance
FX option expiries provide valuable insights into potential price movements in currency pairs. By knowing the key expiry levels, traders and investors can anticipate where significant buying or selling pressure may occur.
Key Takeaways:
- Understanding expiries can help traders set appropriate stop-loss and take-profit levels.
- Large expiries can act as price magnets, attracting the currency pair towards that level.
- Expiries near current market price can influence short-term price action.
For retail traders, being aware of these expiries can provide a competitive edge in the FX market and help maximize trading opportunities.