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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.

  • There are several option expiries of interest today, at $0.6325 strike we have a mixture of AUD Calls and Puts totalling $544mn. At $0.6300 there are two AUD Puts worth $157mn, and at $0.6350 there is a mixture of AUD Calls and Puts worth $280mn.
  • Overnight implied ATM volatility is well within recent ranges at 8.75% implying a $0.6273-$0.6390 range today.
  • The bearish outlook for AUD/USD is intact, support comes in at $0.6270 the Oct 26 low and key support. Resistance is at $0.6414, 50-Day EMA.

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