Overview
Several foreign exchange option contracts are set to lapse today at 10:00am ET, based on records from the Depository Trust & Clearing Corporation (DTCC). The list covers a range of major currency pairs, with strike prices and notional amounts specified for each expiry. The DTCC-provided data also lists prevailing spot rates at the time of publication.
Expired strikes, notionals and spot rates
- EUR/USD - Options expiring at a strike of 1.145 for EUR 150 million and at 1.1425 for EUR 550 million. The spot rate is reported at 1.1435.
- USD/JPY - Options expiring at a strike of 161.9 for USD 70 million and at 161.85 for USD 350 million. The spot rate is reported at 161.89.
- GBP/USD - Options expiring at a strike of 1.33 for GBP 916 million and at 1.32 for GBP 1,058 million. The spot rate is reported at 1.3244.
- USD/CAD - Options expiring at strikes of 1.4335 for USD 89 million and 1.4035 for USD 82 million. The spot rate is reported at 1.4171.
- AUD/USD - Options expiring at a strike of 0.701 for AUD 974 million and at 0.7 for AUD 180 million. The spot rate is reported at 0.7004.
- NZD/USD - Options expiring at a strike of 0.575 for NZD 52 million and at 0.57 for NZD 75 million. The spot rate is reported at 0.5725.
- USD/CHF - Options expiring at strikes of 0.8295 for USD 215 million and 0.805 for USD 201 million. The spot rate is reported at 0.809.
- USD/NOK - An option expiring at a strike of 9.85 for USD 102 million. The spot rate is reported at 9.6899.
Context and monitoring
The DTCC list identifies the strike prices and notional sizes for the expiries scheduled at 10:00am ET. Market participants who monitor option expiries and currency positions may reference such data when assessing exposures tied to specific strike levels and notional amounts. The data also provides a snapshot of spot rates corresponding to the time of the DTCC report.
Data source
The expiries and associated figures are drawn from DTCC data as stated above.
Summary of facts
All items in this report reflect the DTCC-listed expiries and the spot rates reported alongside them. No additional events, figures or outcomes are asserted beyond the listed expiries, strikes, notionals and spot values.