Our FX options strike map uses publicly available options flow data to highlight where options positioning might – or might not – be concentrated, with consequences for respective implied and realised vol. We find the strike map a key source in understanding spot and vol behaviour in FX markets, though it has some limitations based on quality and quantity of information provided
FX vol: Options volumes are a leading indicator, dated 16 October We have found that total traded options volumes and net directional (call versus put) traded options volumes can signal next-day FX spot moves in some pairs.
EURUSD- Gamma-adjusted map and bubble chart for EURUSD outstanding option notional as at 27/02/2025
USDJPY - Gamma-adjusted map and bubble chart for USDJPY outstanding option notional as at 27/02/2025
USDCHF - Gamma-adjusted map and bubble chart for USDCHF outstanding option notional as at 27/02/2025
GBPUSD - Gamma-adjusted map and bubble chart for GBPUSD outstanding option notional as at 27/02/2025
