Free Trial

Large Expiries At NY Cut, O/N Implied Vol Elevated

AUD

There are a number of large expiries at NY cut today, based on the latest DTCC data.

  • At $0.6325 strike there is a mixture of AUD Calls and Puts worth $358mn and at the $0.6400 strike there are $469mn of AUD Calls and Puts.
  • Overnight implied ATM volatility is elevated as today's FOMC meeting comes into view at 15.3125% implying a $0.6282-$0.6400 range today.
  • Technically the trend outlook is bearish, support comes in at $0.6270 low from Oct 26 and key support. Resistance comes in at $0.6406, 50-Day EMA.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.