By Richard Pace — Dec 10 - 04:35 AM
SDRV shows a wealth of large EUR/USD FX option strike expiries this week
Related hedging flows can draw/contain FX and add support/resistance
3-billion euros expire between 1.0500-30 Tues, 3-billion 1.0490-1.0500 Wed
Friday now has a mega 6 billion euros expiring at 1.0500
There are now almost 4 billion euros expiring at 1.0550 between Thurs-Fri
Almost 6-billion euros expire at 1.0600 Thur and Fri - the bulk on Friday
U.S. CPI and ECB are near term risks, but strikes can help contain EUR
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters