Hi to all. The news service provided by FX broker has lots of news about fx options, mentioning same-day expiry strike prices, vols and percentages. I know what an option is, but I don’t really know how to use these data. What influence do option expiries and strikes have on the movement of spot price? Should I expect price to move towards or away from strike as we approach expiry time (usually NY cut). Thanks.
there are a lot older threads here which should prove helpful to you.
Cheers
Reviving an old question, I made a thread on how price moves upon expiration… 301 Moved Permanently