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Large Option Expiries At NY Cut

AUD

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

  • At $0.6377 there are $273mn of AUD Puts expiring today. Also expiring today is a mixture of Calls and Puts at $0.6300 totalling $267mn and $192mn of Puts at $0.6295.
  • Overnight implied ATM volatility is a touch elevated however we remain well within recent ranges at 14.84% implying a $0.6278-$0.6393 range today
  • The trend in AUD/USD remains bearish, support comes in at $0.6286, low from Oct 3 and bear trigger. Resistance is at $0.6393, high from Oct 18.

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