Here is the expiries board for the remainder of the year. And as you would guess it, overall activity is rather sparse amid the lack of liquidity and interest during the holiday period. The only relevant one today is highlighted in bold below.
But on a day like this, I wouldn’t attach much significance – if at all – to the option expiries. Overall liquidity conditions is hampered by the holidays and traders have pretty much hung up their mice and keyboards for the year. So, it’s a case of not needing to read too much into the market movements or the impact of the expiries in a time like this.
The one for EUR/USD does sit close to the current spot price but I won’t ascribe it to being one to pull price action or anything. Amid thin liquidity, it’s a game of flows more than anything else.
And the same will apply for the potential significance/impact of the expiries in the days to come as well. So, just keep that in mind yeah.
For more information on how to use this data, you may refer to this post here.
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This article was written by Justin Low at investinglive.com.
