EUR/USD – there are extremely large option expiries at 1.0500 on Friday

Justin has just popped up with a very important reminder:

there are extremely large expiries at 1.0500 rolling off (today, Friday) – potentially offering a bit of a pull there.

Justin posts option expires each day, those for Friday, December 13, 2024 can be seen here in the bottom row:

Take a close look at those for EUR/USD … 7.4bn EUR @ 1.0500! And others in the billions also.

This article was written by Eamonn Sheridan at www.forexlive.com.