• Big FX option strikes can help draw/contain FX toward their expiry time

• Huge 1.17-1.18 EUR/USD strikes this week end with 8bln euros 1.18 Thurs

• That mega 1.18 proves magnetic in the typical pre U.S. NFP lull

• Nothing on the diary amid US holiday Friday, much less nearby next week

• Monday 2.7 billion euros 1.1770, Thurs 1.8bln 1.1800, Fri 2.2bln 1.1770

• Other than those, majority of strike expiries reside between 1.1700-1.1650
EUR/USD FX Option strike expiries this week and next week

(Richard Pace is a Reuters market analyst. The views expressed are his own)