Tag: fx option expiries

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Forex Videos

How To Make Money Following Our Free FX Options Signals! Updates & Improvements

https://youtu.be/bS8c6VWMWls

https://youtu.be/bS8c6VWMWls

How To Make Money Following Our FX Options Section – Update

Thank you for joining the Forex Academy educational video. In this video, we will be looking at our FX options service, which is completely free and which we first brought you on the 23rd of April this year. We will be taking a look at how the service is going since its inception and what’s changed and how it can be applied to your daily trading to enhance your overall success rate.


First, you will need to head to our website at Forex (dot) Academy, select market update, and from the drop-down menu, click on FX options.


Every day, on this page, our analyst, Kevin O’Sullivan, brings you the combined volume FX option expiries, which close at 10 a.m. New York time, each day. The combined amounts will never be less than 100 million of the local currency pertaining to the maturity. And where these large volume FX option maturities have a magnetic effect on the price action of the particular currency typically major pairs that are involved.


This is what you might expect to see when you click on the FX options page every day when the majority are available. Here we can see that there are three options maturities due to roll off at the 10 a.m. New York cut. The first option is for 982 million euros at the 1.1300 exchange rate, the second option is for 584 million euros at 1.1400, and the third option is 4 for 512 million euros at 1.1500.


These FX option maturities are lean plotted on to a 1-hour chart and colour coded red, orange, or blue. If you see an FX option in red, there is a high probability that’s the price action gravitates towards this by 10 a.m. New York. If the maturity is colour coded in orange, there is a slightly less possible chance of price reaching this level by the cut. And if the maturities are highlighted in blue, there is an unlikely chance that price action reaches these levels by 10 a.m.


Kevin will also so provide chart analysis, which is a fairly new feature when he publishes this data at around 8:30 a.m. BST each day. Here he says that the pair is consolidating but that the 1.1400 option expiry is within range and with a caveat that eurozone data and policymaker speeches may play a role in trend direction. He has provided support and resistance levels, and the two options at 1.13 and 1.15 are discounted by coding them in blue, Kevin, and where he believes the price will move to the upside to target the 1.400 maturity which he has coded in red.


Let’s take a look at the price action later on during the European and United States session in this pair. We can see that Kevin was correct price action punched through the resistance line and headed up to the 1.1400 option maturity. At no time did price action go near the one 1.13 00 or 1.1500 levels, as predicted, and where these were highlighted in blue as being unlikely. And at the time of the New York cut, the exchange rate was 1.1430, just 30 pips away from the favoured red option at 1.1400.
It is suggested by Kevin that traders place the option expiry levels onto their own charts in order to feed this into their own trading methodology. Even if you had taken on the trade based on Kevin’s recommendation early in the European session, you could have made nearly 50 pips as the price rose.
What is more, is that this service is extremely reliable and wear on a regular basis the technical analysis as provided by Kevin is throwing up accurate predictions often with pinpoint accuracy and regularly buy a handful of pips. Which just goes to show how much the market pushes price action to these key fx expiries and where are often larger the combined amount of the maturity, the more likely of price action hitting the FX option maturity at the time of the 10 a.m. New York cut.

Categories
Forex Videos

Forex Analysis! What Next For The EURUSD!

https://youtu.be/I0qSTtOWPeE

https://youtu.be/I0qSTtOWPeE

 

Where next for EURUSD pair?

Thank you for viewing this forex academy educational video.

In this session, we are going to be looking at what has been going on with the euro US dollar pair in terms of what has been driving it to its current levels and where we might expect price action to go from here.


Firstly, we always read our charts from left to right because they tell a story. On this one-hour chart of the euro US dollar, we can see a strong area of support where the price was not able to breach below the 1.1375 level, having already flirted with levels above the 1.1400 key level.
The next significant part in this bull move is at position A which was when the EU leaders agreed the €1.8 trillion budget and recovery package for the eurozone member states, which included debt and grants.
Initially, this was seen as a buy the rumour sell the fact scenario, where price action reached a high hi of 1.1470 on the news that the 27 members had finally reached an agreement.
Price action fell back to the key 1.1400 level before finally moving up to position C before the pair pushed above the key resistance line there. Note how the Bollinger bands opened up to facilitate this push, which was a very aggressive move, taking the pair air up through the key 1.1500 handle without any initial pullback or resistance here, before finding some resistance at position D at around 1.1550. Profit-taking leads to a pullback to position E, which was just above that key 115 handle.


Again, the bull’s push the pair higher in a very aggressive drive up to the next key level 1.1600, before profit-taking pulled the pair lower into a neck formation, and before the secondary spike higher, which could not quite reach 1.1600 level, which was seen as a potential double top. And when the EU Brexit negotiator Mr. Barnier made comments that the potential of a no-deal Brexit was very high, the pair pulled back to position G only to be reversed aggressively at position H due to poorer than expected Initial Jobless claims unemployment numbers from the United States on Thursday the 23rd.
Price action subsequently moved up in another aggressive bid and punched up to the 1.1625 handle before fluctuating at its current levels around the key 116 handle.


The next important phase will be whether price action can find a firm footing above 1.1600. The Euro has certainly got the market sentiment in its favour currently, with Covid still aggressively running rife in the USA and where the EU seems to be coming up with successful stimulus packages for the Eurozone area. A failure at this critical level could see a retest of 1.1550 and lower as the market considers if the pair has simply run out of steam at these multi-month highs.

The only caveat being that all of this stimulus is mostly made up of debt, and this could be an anvil around Europe’s neck if the economy does not recover as expected during 2021.

Categories
Forex Options

FX Options Market Combined Volume Expiries for 9th July 2020

Thank you for visiting the Forex Academy FX Options market combined volume expiries section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large combined maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ with a good chance of a strike if labelled in red, still in play and a possible strike if labelled in orange and ‘out of play’ and an unlikely strike if labelled in blue, with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex Academy FX Options market combined volume expiries section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large combined maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ with a good chance of a strike if labelled in red, still in play and a possible strike if labelled in orange and ‘out of play’ and an unlikely strike if labelled in blue, with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex Academy FX Options market combined volume expiries section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large combined maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ with a good chance of a strike if labelled in red, still in play and a possible strike if labelled in orange and ‘out of play’ and an unlikely strike if labelled in blue, with regard to the likelihood of price action meeting the strike price at maturity.

………………………………………………………………………………………………………………

FX option expiries for July 9 NY cut at 10:00 Eastern Time, via DTCC, can be found below.

– EUR/USD: EUR amounts

  • 1.1275 986m
  • 1.1350 569m
  • 1.1375 956m
  • 1.1250 551m
  • 1.1300 1.9bn

EURUSD is overbought and likely to see a pullback after the recent bull run. US jobless claims up later will have an impact on all today’s options.

– USD/JPY: USD amounts

  • 105.80 879m
  • 107.10 388m
  • 107.25 381m
  • 107.50 1.1bn

USDJPY is consolidating around two option expiries which are currently in-play.

– USD/CAD: USD amounts

  • 1.3500 788m
  • 1.3600 888m

USDCAD is oversold and by a key level where a large option sits. Expect price consolidation around this level.

– NZD/USD: NZD amounts

  • 0.6485 506m
  • 0.6520 311m
  • 0.6550 345m

NZDUSD is due for a pullback. The 0.6550 option expiry has potential for a strike.

………………………………………………………………….

 

As you can see on the preferred 1-hour chart(s), we have also plotted the expiration levels at the various exchange rate maturities and we have also labelled in red, orange and blue.  Therefore, if you see option expiry exchange rates labelled in red these should be considered in-play, because we believe there is a greater chance of the expiry maturing at these levels based on technical analysis at the time of writing. There is still a lesser possibility of a strike if they are in orange and so these are ‘in-play’ too. However, if we have labelled them in blue, they should be considered ‘not in-play’ and therefore price action would be unlikely to reach these levels, which are often referred to as Strikes, at the time of the 10 AM New York cut.

Our technical analysis is based on exchange rates which may be several hours earlier in the day and may not reflect price action at the time of the maturities. Also, we have not factored in economic data releases or keynote speeches by policymakers, or potential market volatility leading up to the cut.

Although we have added some technical analysis, we suggest you take the levels and plot them onto your own trading charts and incorporate the information into your own trading methodology in order to use the information to your advantage. Remember the higher the amount, the larger the gravitational pull towards the exchange rate maturity at 10:00 AM Eastern time.

 If you want to learn how forex option expiries affect price action in the spot FX market see our educational article by clicking here: https://bit.ly/2VR2Nji

DISCLAIMER: Please note that this information is for educational purposes. Also, the maturities will look more or less likely to become a strike at 10 AM NY time due to exchange rate fluctuations resulting in a different perspective with regard to technical analysis, and also due to upcoming economic data releases for the associated pairs.

Categories
Forex Options

FX option expiries for May 14 New York cut

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ if labelled as Hot or Warm, or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ if labelled as Hot or Warm, or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ if labelled as Hot or Warm, or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

……………………………………………………………………………………………………………………..

FX option expiries for May 14 NY cut

FX option expiries for May 14 NY cut at 10:00 Eastern Time, via DTCC, can be found below.

EUR/USD

  •  1.0700 918m EUR
  •  1.0750 1.8bn
  •  1.0800 1.2bn
  •  1.0870 655m
  •  1.0900 1.5bn
  •  1.0905 516m
  •  1.0915 718m
  •  1.0925 948m
  •  1.0930 609m

USD/JPY

  • 106.15 389m USD
  • 106.75 565m
  • 106.82 447m
  • 107.00 382m
  • 107.05 797m

 GBP/USD

  • 1.2260 239m GBP
  • 1.2280 280m

 AUD/USD

  • 0.6400 725m AUD
  • 0.6500 1.1bn

 EUR/GBP

  •  0.8750 542m EUR
  •  0.8800 851m  

………………………………………………………………………………………………………………

As you can see on the charts we have also plotted the expiration levels at the various exchange rate maturities and we have also labelled them as cold, warm or hot.

Therefore, if you see exchange rates labelled as warm or hot, these should be considered In-Play, because we believe there is a greater chance of the expiry maturing at these levels based on technical analysis at the time of writing. However, if we have labelled them as Cold, they should be considered Not In-Play and therefore price action would be unlikely to reach these levels, which are often referred to as Strikes, at the time of the New York cut. Please bear in mind that we have not factored in upcoming economic data releases, or policymaker speeches and that technical analysis may change in the hours leading up to the cut.

We suggest you take the levels and plot them onto your own trading charts and incorporate the information into your own trading methodology in order to use the information to your advantage.

Remember the higher the amount, the larger the gravitational pull towards the exchange rate maturity at 10:00 AM Eastern time.

If you want to learn how forex option expiries affect price action in the spot FX market see our educational article by clicking here: https://bit.ly/2VR2Nji

DISCLAIMER: Please note that this information is for educational purposes. Also, heat levels may change throughout the day in line with the exchange rate fluctuations due to technical analysis trading and upcoming economic data releases of the associated pairs.

Categories
Forex Options

FX option expiries for May 12 New York cut

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ if labelled as Hot, or Warm, or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ if labelled as Hot, or Warm, or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ if labelled as Hot, or Warm, or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

…………………………………………………………………………………………………………….

FX option expiries for May 12 NY cut

FX option expiries for May 12 NY cut at 10:00 Eastern Time, via DTCC, can be found below.

– EUR/USD: EUR amounts

  • 1.0800 892m
  • 1.0850 1.0bn


– USD/JPY: USD amounts         

  • 106.25 410m
  • 106.40 511m
  • 106.70 588m


– NZD/USD: NZD amounts

  • 0.6050 352m

………………………………………………………………………………………………………………

As you can see on the charts we have also plotted the expiration levels at the various exchange rate maturities and we have also labelled them as cold, warm or hot.

Therefore, if you see exchange rates labelled as warm or hot, these should be considered In-Play, because we believe there is a greater chance of the expiry maturing at these levels based on technical analysis at the time of writing. However, if we have labelled them as Cold, they should be considered Not In-Play and therefore price action would be unlikely to reach these levels, which are often referred to as Strikes, at the time of the New York cut. Please bear in mind that we have not factored in upcoming economic data releases, or policymaker speeches and that technical analysis may change in the hours leading up to the cut.

We suggest you take the levels and plot them onto your own trading charts and incorporate the information into your own trading methodology in order to use the information to your advantage.

Remember the higher the amount, the larger the gravitational pull towards the exchange rate maturity at 10:00 AM Eastern time.

If you want to learn how forex option expiries affect price action in the spot FX market see our educational article by clicking here: https://bit.ly/2VR2Nji

DISCLAIMER: Please note that this information is for educational purposes. Also, heat levels may change throughout the day in line with the exchange rate fluctuations due to technical analysis trading and upcoming economic data releases of the associated pairs.

Categories
Forex Options

FX option expiries for May 11 New York cut

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ if labelled as Hot, Warm or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ if labelled as Hot, Warm or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered ‘in-play’ if labelled as Hot, Warm or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

……………………………………………………………………………………………………………………..

FX option expiries for May 11 New York cut

FX option expiries for May 11 NY cut at 10:00 Eastern Time, via DTCC, can be found below.

– EUR/USD: EUR amounts

  • 1.0800 892m
  • 1.0850 1.0bn


– USD/JPY: USD amounts         

  • 106.25 410m
  • 106.40 511m
  • 106.70 588m


– EUR/GBP: EUR amounts

  • 0.8700 983m
  • 0.8800 902m

………………………………………………………………………………………………………………

As you can see on the charts we have also plotted the expiration levels at the various exchange rate maturities and we will also labelled them as cold, warm or hot.

Therefore, if you see exchange rates labelled as warm or hot, these should be considered In-Play, because we believe there is a greater chance of the expiry maturing at these levels based on technical analysis at the time of writing. However, if we have labelled them as Cold, they should be considered Not In-Play and therefore price action would be unlikely to reach these levels, which are often referred to as Strikes, at the time of the New York cut. Please bear in mind that we have not factored in upcoming economic data releases, or policymaker speeches and that technical analysis may change in the hours leading up to the cut.

We suggest you take the levels and plot them onto your own trading charts and incorporate the information into your own trading methodology in order to use the information to your advantage.

Remember the higher the amount, the larger the gravitational pull towards the exchange rate maturity at 10:00 AM Eastern time.

If you want to learn how forex option expiries affect price action in the spot FX market see our educational article by clicking here: https://bit.ly/2VR2Nji

DISCLAIMER: Please note that this information is for educational purposes. Also, heat levels may change throughout the day in line with the exchange rate fluctuations due to technical analysis trading and upcoming economic data releases of the associated pairs.

Categories
Forex Options

FX option expiries for May 8 New York cut

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. Each option expiry should be considered ‘in-play’ if labelled as Hot, Warm or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. Each option expiry should be considered ‘in-play’ if labelled as Hot, Warm or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. Each option expiry should be considered ‘in-play’ if labelled as Hot, Warm or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

……………………………………………………………………………………………………………………..

FX option expiries for May 8 New York cut

FX option expiries for May 8 NY cut at 10:00 Eastern Time, via DTCC, can be found below.

– EUR/USD: EUR amounts

  • 1.0825 524m
  • 1.0850 1.9bn
  • 1.0885 522m
  • 1.0900 1.3bn
  • 1.0975 579m

– USD/JPY: USD amounts         

  • 105.00 1.1bn

………………………………………………………………………………………………………………

If you want to learn how forex option expiries affect price action in the spot FX market see our educational article by clicking here: https://bit.ly/2VR2Nji

DISCLAIMER: Please note that this information is for educational purposes. Also, heat levels may change throughout the day in line with the exchange rate fluctuations due to technical analysis trading and upcoming economic data releases of the associated pairs.

Categories
Forex Options

FX option expiries for May 7 New York cut

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. Each option expiry should be considered ‘in-play’ if labelled as Hot, Warm or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. Each option expiry should be considered ‘in-play’ if labelled as Hot, Warm or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

Thank you for visiting the Forex.Academy FX Options Expiries Section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large commutative maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. Each option expiry should be considered ‘in-play’ if labelled as Hot, Warm, or ‘out of play’ if labelled Cold with regard to the likelihood of price action meeting the strike price at maturity.

……………………………………………………………………………………………………………………..

FX option expiries for May 7 NY cut

FX option expiries for May 7 NY cut at 10:00 Eastern Time, via DTCC, can be found below.

– EUR/USD: EUR amounts

  • 1.0700 1.0bn
  • 1.0750 673m
  • 1.0775 599m
  • 1.0780 783m
  • 1.0800 2.3bn
  • 1.0805 518m
  • 1.0810 523m

– USD/JPY: USD amounts         

  •  105.25 450m
  •  105.40 430m
  •  105.75 700m
  •  106.00 457m
  •  106.50 1.1bn
  •  106.75 705m
  •  107.00 1.1bn

– AUD/USD: AUD amounts

  • 0.6400 698m
  • 0.6415 1.2bn

………………………………………………………………………………………………………………

If you want to learn how forex option expiries affect price action in the spot FX market see our educational article by clicking here: https://bit.ly/2VR2Nji

DISCLAIMER: Please note that this information is for educational purposes. Also, heat levels may change throughout the day in line with the exchange rate fluctuations due to technical analysis trading and upcoming economic data releases of the associated pairs.

Categories
Crypto Videos

Forex Option Expiries Over $100,000,000 – The 10AM New York Cut part 3

https://youtu.be/yUGlc-EbTDs

https://youtu.be/yUGlc-EbTDs

 

FX option expiries for Apr 29, NY cut at 10:00 Eastern Time, via DTCC, can be found below.

 

– EUR/USD: EUR amounts
• 1.0800 1.0bn
• 1.0815 531m
• 1.0865 1.1bn
– USD/JPY: USD amounts
• 107.30 555m
– GBP/USD: GBP amounts • 1.2415 268m
– EUR/GBP: EUR amounts
• 0.8675 526m
• 0.8700 600m

Hello everybody and thank you for joining us for the daily FX expiries briefing video for the 10 am New York cut today. If it is your first time with us, the FX currency options market runs in tandem with the spot FX market, but where traders typically place Call and Put trades on the future value of a currency exchange rate and these futures contracts typically run from 1 day to weeks, or months.

Each day we bring you details of the notable FX option expiries where they have an accumulative value of a minimum of $100M + and where quite often these institutional size expiries can act as a magnet for price action in the Spot FX arena leading up to the 10 a.m. cut.
We will also plot the levels on to the relevant charts at the various exchange rates where there are due to expire, and also identify the levels which are in play, and where we believe there is a greater chance of the expiry maturing based on technical analysis at the time of writing, we will label them as hot, warm or cold.

So today, we have Option Expires for the EURUSD, one of which is considered Hot at 1.0865 in the amount of €1.1bn. This is very much in the money with price action currently very close to the strike rate.

We also have Warm strikes at 1.0815 for €531m and 1.0865 for €1.1bn


Also, there is also an Option expiring for the USDJPY pair at 107.30 for $555M, however, although this is currently cold, as price action on our one hour chart is gravitating to the downside currently.


Moving on to the GBPUSD, we have one notable strike, which is in the money and labeled Hot on our 1-hour chart at 1.2415 for £268M. Price has been very volatile for the pair but looks to be running out of steam to the upside at the time of writing.


Finally, we have two hot ones for you in EURGBP at 0.8675 for €526 M and 0.8700 in €600M. Price action is in a downward channel on our one hour chart.
We suggest you take the levels and plot them onto your own trading charts and incorporate the information into your own trading methodology in order to use the information to your advantage.
Remember, the higher the amount, the larger the gravitational pull towards the exchange rate maturity at 10:00 AM Eastern time.
For a detailed explanation of FX options and how they affect price action in the spot forex market, please follow the link to our educational video.