Option Expiry

Discussion in 'Forex' started by bpcnabe, Mar 26, 2009.

  1. bpcnabe



    How does option expiry affect prices of the underlying crosses? i.e. expiry of 6950,7000,7010 strikes on the AUS/USD tomorrow

    Does price gravitate toward those numbers going into expiration like a magnet? Does this indicate in a trending market that the pair will stay around these prices throughtout the day?

    Appreciate any insight. Thanks