If the Option Strike Is Near the Current FX Spot Price, These Hedging Flows Can Often Drive the FX Spot Market Towards the Strikes and Help to Contain Price Action Until They Expire, so It's Worth Knowing Where They Reside in Advance.Adds 1.0420-1.0425 Strikes and Removes 1.0520-1.0525 Strikes
新增1.0420-1.0425行权价，移除1.0520-1.0525行权价
Dec 12 (Reuters) - The Biggest EUR/USD Strikes of 2024 Are Due to Expire on Friday and the Related Effect on FX Spot Markets Shouldn't Be Ignored.
12月12日（路透社）- 2024年最大的欧元/美元行权价将于周五到期，外汇现货市场的相关影响不容忽视。
Those Using FX Options to Trade and Manage FX Volatility Will Also Be Heavily Involved in the Cash Market, Constantly Adjusting Positions to Offset Currency Risk and Monetising FX Volatility.
那些利用外汇期权进行交易和管理外汇波动的参与者也将深度参与现金市场，持续调整头寸以抵消货币风险并实现外汇波动的货币化。
As the Option Strike Expiry Approaches - 10:00 A.m. New York (1500 Gmt) for G10 Currency Pairs - These Hedging Flows Will Typically Increase as That Cash-Versus-Option Relationship Becomes More Crucial to Profit and Loss. if an Option Is Likely to Be Exercised, the Opposing Party May Need to Buy or Sell More of the Underlying Currency to Meet Their Obligation.
随着期权行权到期的临近 - 对于G10货币对，纽约时间上午10:00（格林威治标准时间1500） - 这些对冲资金流动通常会增加，因为现金与期权之间的关系对盈亏变得更加关键。如果期权可能被行使，另一方可能需要买入或卖出更多的基础货币以履行其义务。
If the Option Strike Is Near the Current FX Spot Price, These Hedging Flows Can Often Drive the FX Spot Market Towards the Strikes and Help to Contain Price Action Until They Expire, so It's Worth Knowing Where They Reside in Advance.
如果期权行权价接近当前外汇现货价格，这些对冲资金流动往往会驱动外汇现货市场向行权价靠近，并帮助限制价格波动直至其到期，因此提前了解它们的位置是值得的。
There Are Plenty of Large FX Option Expiries in EUR/USD and the Other Major Currency Pairs On Thursday, but Massive EUR/USD Strikes Near the Current Spot Price Expire on Friday. the Largest Are Strikes at 1.0500 - Currently Standing at 7.4 Billion Euros. to the Downside There Are 2.2 Billion Euros Between 1.0450 and 1.0460, 1.8 Billion Euros at 1.0420-1.0425, 5 Billion Euros at 1.0400 and 2.6 Billion Euros at 1.0375. to the Topside There Are 2.6 Billion Euros at 1.0550 and 4.8 Billion Euros at 1.0600.
在欧元/美元以及其他主要货币对中，有很多大型外汇期权到期 星期四, 但在当前现货价格附近的大量欧元/美元期权将于周五到期。最大的看涨期权在1.0500，当前金额为74亿欧元。向下方面在1.0450到1.0460之间有22亿欧元，1.0420-1.0425处有18亿欧元，1.0400处有50亿欧元，1.0375处有26亿欧元。向上方面在1.0550处有26亿欧元，1.0600处有48亿欧元。
Markets Are on High Alert for ECB-Induced Volatility on Thursday, but These Massive Options and Related Hedging Flows Might Quickly Tame Any Volatility and Help Contain EUR/USD Through Friday's 10:00 A.m. New York Cut.
市场对 欧洲央行引发的波动性 在周四，但这些大量的期权和相关的对冲流动可能会迅速遏制任何波动，并帮助控制欧元/美元直到周五上午10:00纽约切割时的水平。
For More Click on Fxbuz
欲了解更多，请点击 Fxbuz
(Richard Pace Is a Reuters Market Analyst. the Views Expressed Are His Own)
（理查德·佩斯是路透社的市场分析师。所表达的观点是他个人的）
((Richard.pace@Thomsonreuters.com))
（（Richard.pace@Thomsonreuters.com））
