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USDJPY option expiries at 107.00 casting a shadow

USDJPY sees large option contracts rolling off today 5 May 2016

I highlighted the £2.17bln of expiries in my daily post and warned that they will be in play.

Currently 107.16 don't be surprised to see the price range tighten as 14.00 GMT approaches and this retreat back toward 107.00 should provide some USD supply in other pairs.

EURUSD has large-ish contracts rolling off at 1.1475 and 1.1500 as I've previously highlighted.

Remember that these are "vanilla" options so still in play right up to expiry at 14.00 GMT even if breached in the meantime.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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