Option contract expiries in play again

Author: Mike Paterson | Category: Forex Orders

Large expiries casting a shadow again 7 Dec

Further to our regular daily posts and my subsequent references just another heads-up before I go of what's out there of note nearby:

EURUSD: 1.1750 (980m) 1.1800 (1.1bln) 1.1865-75 (960m)
AUDUSD: 0.7500 (AUD 465m)

Neither are over huge but the EURUSD contracts have been keeping the pair pinned down in tight range all day while the AUDUSD contracts ( large enough for this pair to make impact) has been lending some support imho judging by p/a thus far.
                                                      EURUSD 15m
                                                   AUDUSD 5m
Remember that these are "vanilla" options so still in play right up to expiry at 15.00 GMT (10.00 EST) even if breached in the meantime, unlike barrier options which cease to be once hit. The actual amounts can change right up to expiry.

For my latest post on how to use this info click here

Good trading everyone and I'll see you all back here tomorrow.

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