• USD/JPY trades 142.32-89 range Friday as markets await NFP

• Mild stock recovery underpins USD/JPY - Nikkei futs to 32,280 vs 31,660

• Overnight FX option break-even now 103 vs 80 JPY pips before expiry got NFP

• Shows options market is not complacent about NFP related USD/JPY volatility

• Other option volatility premium setbacks limited before NFP and US CPI

• Support/resistance levels are Thurs 142.07/143.89 range high/low

• Daily cloud props 142.45-139.04, beware cloud twist draw at 140.37 Aug 30

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