{"id":441681,"date":"2026-11-06T15:40:18","date_gmt":"2026-11-06T08:40:18","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/fx-option-expiries-for-6-november-10am-new-york-cut-441681\/"},"modified":"2026-11-06T15:40:18","modified_gmt":"2026-11-06T08:40:18","slug":"fx-option-expiries-for-6-november-10am-new-york-cut","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/fx-option-expiries-for-6-november-10am-new-york-cut-441681\/","title":{"rendered":"FX option expiries for 6 November 10am New York cut"},"content":{"rendered":"<div>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">EUR\/USD<\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: inherit;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0 0 0 19px;font-family: Inter, InterFallback, serif;text-indent: -3px;letter-spacing: normal;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">1.1250 (EUR 624.89 mn)<\/li>\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">1.1150 (EUR 960.00 mn)<\/li>\n<\/ul>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">USD\/JPY<\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: inherit;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0 0 0 19px;font-family: Inter, InterFallback, serif;text-indent: -3px;letter-spacing: normal;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">159.00 (US$ 1.65 bn)<\/li>\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">158.00 (US$ 4.24 bn)<\/li>\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">157.00 (US$ 1.72 bn)<\/li>\n<\/ul>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">GBP\/USD<\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: inherit;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0 0 0 19px;font-family: Inter, InterFallback, serif;text-indent: -3px;letter-spacing: normal;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">1.3475 (GBP 446.81 mn)<\/li>\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">1.3315 (GBP 425.75 mn)<\/li>\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">1.3200 (GBP 591.51 mn)<\/li>\n<\/ul>\n<p>USD\/CHF<\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: inherit;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0 0 0 19px;font-family: Inter, InterFallback, serif;text-indent: -3px;letter-spacing: normal;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">0.8175 (US$ 136.16 mn)<\/li>\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">0.8100 (US$ 175.00 mn)<\/li>\n<\/ul>\n<p style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">USD\/CAD<\/p>\n<ul style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: inherit;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0 0 0 19px;font-family: Inter, InterFallback, serif;text-indent: -3px;letter-spacing: normal;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">\n<li style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">1.4000 (US$ 1.30 bn)<\/li>\n<li style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">1.3950 (US$ 1.01 bn)<\/li>\n<\/ul>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">AUD\/USD<\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: inherit;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0 0 0 19px;font-family: Inter, InterFallback, serif;text-indent: -3px;letter-spacing: normal;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">0.6900 (AUD 792.20 mn)<\/li>\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">0.6950 (AUD 640.23 mn)<\/li>\n<\/ul>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">NZD\/USD<\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: inherit;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0 0 0 19px;font-family: Inter, InterFallback, serif;text-indent: -3px;letter-spacing: normal;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">\n<li class=\"listItem-bmN0_SHH\" style=\"font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 4px;padding: 0\">0.5640 (NZD 913.65 mn)<\/li>\n<\/ul>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">What are FX option expiries?<\/p>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">The FX option expiration price levels refer to the strike prices where option contracts are set to expire. These levels include both calls and puts.<\/p>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">When you see &#8220;EUR\/USD at 1.1600 for \u20ac4 billion&#8221; it means there is a total of \u20ac4 billion worth of options (calls + puts combined) that have a strike price of 1.1600 and are expiring at that specific time (the &#8220;New York Cut&#8221; at 10:00 AM ET).<\/p>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">Traders watch these levels because they often act as a &#8220;magnet&#8221; for the price. For example, if there&#8217;s nothing happening in the market and the price is close to the expiry level, let&#8217;s say 30-50 pips away, what you will usually see is the price moving into the expiry level. This happens due to the hedging activity of the market makers (banks, dealers and so on).<\/p>\n<p class=\"\" style=\"font-style: normal;font-weight: 400;font-stretch: inherit;line-height: 22px;font-size-adjust: inherit;vertical-align: baseline;border: 0;margin: 0 0 20px;padding: 0;font-family: Inter, InterFallback, serif;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">As the price gets closer to the strike price near expiration, these market makers must aggressively buy or sell the currency to hedge their risk. This hedging activity tends to suppress volatility and keep the price &#8220;pinned&#8221; close to the strike price until the expiration time passes.<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD 1.1250 (EUR 624.89 mn) 1.1150 (EUR 960.00 mn) USD\/JPY 159.00 (US$ 1.65 bn) 158.00 (US$ 4.24 bn) 157.00 (US$ 1.72 bn) GBP\/USD 1.3475 (GBP 446.81 mn) 1.3315 (GBP 425.75 mn) 1.3200&hellip;<\/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-441681","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441681","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=441681"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441681\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}