Large EURUSD option expiries casting a shadow

Today sees large option contracts rolling off at 14.00 GMT 18 Oct

As per my daily post and other mentions since I should draw your attention to the large EURUSD expiries at 1.1000 today.

Currently right on the money at 1.1000 we've traded tightly so far and after finding support at the price in Asia we've been sliding pip by pip to these current lows from 1.1025.

Expect a decent contest between both sides to contain further movement until expiry but we may see a blip if the US CPI data is wide of the mark at 12.30 GMT

Remember that these are "vanilla" options so still in play right up to expiry at 14.00 GMT on the day even if breached in the meantime, unlike barrier options.

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