Believe in the impact or not but add the info to your trading toolbox anyhow
Nothing of note expiring today but tomorrow (Friday) seeds $1.45bln rolling off at 1.3300 and talk on the street is of large offers from 1.3280 defending the level
I have noted that level in the order board post earlier too
1.3284 the high yesterday and we're currently still knocking on the door at 1.3278 having found support/bids into 1.3250 with $706m rolling off between 1.3245-50 tomorrow too. More demand into 1.3200
As I always say take the info as you wish and it's part of your trading info to consider, not an entirety in itself, but dismissing it is churlish at best
For more information on how to use it all check here and note that these options are "vanilla" which means they are still in play until expiry time even if breached in the meantime
