Currency option expires June 16 at 10:00 am New York discount


There are a few big ones to consider, as highlighted intrepid.

The main ones in particular are for EUR/USD and the larger of the two sits at 1.0900. This could keep the price action more stable and if anything else, it should at least provide a good temptation for the price to stay at or above the 1.0900 level before tumbling later today.

In the meantime, if we see the dollar weakening further, the one for 1.1000 may come into play as it will move with a significant layer of psychological resistance for quotes and the pair.

As for the larger 0.8900 on USD/CHF, it doesn’t actually make much technical sense and stronger support is only seen near the May low of 0.8820. Therefore, the expiration date above should not be too effective.

For more information on how to use this data, you can refer to this post here.

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