Title: Comprehensive Breakdown of FX Option Expiries for the 10 AM New York Cut on Friday, October 31, 2025
Source Credit: The primary data referenced in this article originates from InvestingLive.com’s report on FX (foreign exchange) option expiries at the 10 AM New York cut for Friday, October 31, 2025.
Overview
Foreign exchange (FX) options are contracts that give buyers the right, but not the obligation, to exchange a specific amount of foreign currency at a predetermined rate on or before a specific date. The 10 AM New York cut is a critical time each trading day when many FX options contracts expire. These expiries can significantly influence intraday price action in FX markets as traders may adjust positions, hedge exposure, or execute strategies aligned with the expiry sizes and strike prices.
This article provides a detailed look at the relevant FX option expiries set to mature at the 10 AM New York cut (14:00 GMT) on Friday, October 31, 2025. The data helps forex traders understand where significant interest lies and how the settlements could drive price action across major currency pairs.
FX Options Expiry Overview for October 31, 2025
The following summarizes the major FX options that are expiring at the 10 AM NY cut on Friday:
EUR/USD
– 1.0500 strike: €1.35 billion
– 1.0600 strike: €940 million
– 1.0700 strike: €905 million
The EUR/USD pair has significant clustering around the 1.0500 level, where €1.35 billion is set to expire. This is the most substantial expiry for the pair and could act as a magnet for price heading into the expiry window. Broadly speaking, this data suggests a strong interest in the 1.0500 level, which could create both support and resistance zones depending on the market’s momentum and macroeconomic triggers ahead of the expiry.
GBP/USD
– 1.2100 strike: £575 million
– 1.2200 strike: £620 million
– 1.2300 strike: £460 million
– 1.2400 strike: £700 million
Sterling-related options are heavily concentrated in 100-pip increments, with notable interest around the 1.2400 strike, representing £700 million in notional value. Traders might expect price consolidation or pinning around these levels into the cut, especially if broader markets remain range-bound.
USD/JPY
– 149.00 strike: $1.1 billion
– 150.00 strike: $2.3 billion
– 151.00 strike: $840 million
The 150.00 strike holds the most significant value in USD/JPY, with $2.3 billion expiring. Given the psychological and technical importance of the 150.00 level, this could create considerable support or resistance near this range, making it one of the most impactful expiries of the day across all pairs.
AUD/USD
– 0.6300 strike: AUD 650 million
– 0.6400 strike: AUD 510 million
– 0.6500 strike: AUD 715 million
Option expiries are fairly balanced in AUD/USD with a slight larger weighting toward 0.6500, which also aligns with previous trendline resistance levels and historical price congestion zones. The expiry weighting could bolstered price action toward consolidation in this region.
USD/CAD
– 1.3600 strike: CAD 440 million
– 1.3700 strike: CAD 500 million
– 1.3800 strike: CAD 395 million
Though not as sizable as other pairs, the CAD expiries still carry strategic significance. Some traders expect these levels to solidify intraday boundaries, particularly amid expected volatility fueled by oil-related headlines or economic data from either side of the border.
Read more on USD/CAD trading.