• Huge FX option strikes near 1.0500 helped underpin/contain EUR/USD last week

• There's more this coming week, albeit lesser amounts, but they're growing

• There's almost 1-billion euros expiring 1.0490-1.0500 on Monday nL2N3N3056

• Tuesday has 1.1 billion euros at 1.0500, Wednesday on 1.6 billion at 1.0525

• Thursday has 2.5 billion between 1.0475-1.0505 and Friday 1.6 billion 1.0500

• There are plenty more toward 1.0400 and up toward 1.0600 later this week

• EUR/USD weakens but options not pricing a rapid decline nL2N3N307M

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