{"id":439247,"date":"2026-10-02T12:43:31","date_gmt":"2026-10-02T05:43:31","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/fx-option-expiries-for-2-october-10am-new-york-cut-439247\/"},"modified":"2026-10-02T12:43:31","modified_gmt":"2026-10-02T05:43:31","slug":"fx-option-expiries-for-2-october-10am-new-york-cut","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/fx-option-expiries-for-2-october-10am-new-york-cut-439247\/","title":{"rendered":"FX option expiries for 2 October 10am New York cut"},"content":{"rendered":"
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There is just one key expiry level to take note of on the day, as highlighted in bold below.<\/p>\n

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That being for USD\/JPY at the 158.00 level, with the spot price sitting less than 15 pips away from the strike.<\/p>\n

The expiries are sizable, so the large option interest could provide a\u00a0reason for price action to remain attracted to the area if the pair stays nearby.<\/p>\n

But from a technical perspective, the 200-day moving average at 158.47 will present the more critical ceiling region for price action. That is what held back the USD\/JPY advance yesterday in bringing price back below the 158.00 level.<\/p>\n

That being said, the other and more important driver of trading sentiment today will be the US jobs report.\u00a0A sufficiently strong move in Treasury yields and the dollar following the data can easily overwhelm option-related flows. As such, I would treat the expiry level as more of a potential short-term magnet rather than a hard ceiling or floor.<\/p>\n

Besides that, intervention risks will also be a consideration for USD\/JPY price movements. If the pair does run up too far, too fast then we could see traders heed caution and err on the side of profit-taking in case Tokyo or Washington decides to step in and send a message. So, that could also lead to added volatility as the week winds down.<\/p>\n

For more information on how to use this data, you may refer to this post here<\/a> and\/or refer to the Q&A below.<\/p>\n

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This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

There is just one key expiry level to take note of on the day, as highlighted in bold below. That being for USD\/JPY at the 158.00 level, with the spot price sitting…<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-439247","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=439247"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439247\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=439247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=439247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=439247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}