USD/JPY Options Levels

On October 3rd, during the New York cut, important details for FX option expiries are as follows: For EUR/USD, key levels include: – **1.1500:** 1.4 billion – **1.1700:** 2.3 billion – **1.1800:** 1.7 billion – **1.1850:** 1.5 billion – **1.1855:** 1.2 billion – **1.1875:** 1.4 billion In the USD/JPY market, options are set at: – **145.00:** 985 million – **146.00:** 1.3 billion – **147.00:** 1.4 billion – **148.00:** 1.4 billion For AUD/USD, the options are: – **0.6540:** 778 million – **0.6550:** 746 million – **0.6600:** 2.1 billion The USD/CAD pair has options at **1.3860** for 837 million USD. In EUR/GBP, there is an option at **0.8800** worth 976 million. These figures show the activity levels in FX options for these currency pairs. With today’s large option expiries out of the way, we expect to see pent-up price action in the coming weeks. The strong focus in EUR/USD between 1.1700 and 1.1875 has kept the pair stable. With that pressure lifted, the market can respond more freely to economic data, like last month’s US jobs report, which indicated a slight slowdown with 155,000 jobs added.

AUD/USD Levels and Sentiments

For USD/JPY, the options expiries between 146.00 and 148.00 will no longer limit movement. We should keep an eye on comments from Tokyo, as this range has often prompted verbal intervention, as seen in late 2024 when the pair neared 150.00. The Bank of Japan’s patient approach to policy tightening is in stark contrast to the Federal Reserve’s stance, even with the Fed maintaining steady rates. The large **2.1 billion AUD** expiry at **0.6600** in AUD/USD is now a pivotal level to monitor. Recent industrial production data from China, showing a modest recovery in September 2025, has created positive sentiment that could help the Aussie dollar rise without the option barriers holding it back. Significant expiries are also noted in USD/CAD at **1.3860** and in EUR/GBP at **0.8800**. With these levels removed, pairs like USD/CAD may respond more strongly to shifts in WTI crude oil, which is stabilizing around **$85 per barrel**. Traders should pay attention to the differing economic data across the currency blocs. Create your live VT Markets account and start trading now.

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