• EUR/USD had been gunning for FX option barriers and stops at 1.0600

• Breached late Tues for 1.0595 (2024 low) and has been consolidating since

• EUR/USD FX option implied volatility had lead a broader based charge higher

• Benchmark 1-month fell 9.0-6.25 post election and regained a 7.9 peak Tues

• However, its back to 7.4 as profits booked, spot slide falters

• 5-billion euros of option strikes expire 1.0580-1.0630 Wed nL1N3MK08G

• They could help to contain market ahead of Wednesday's U.S. CPI data risk

• FX options wrap nL1N3MJ0PC

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