Comments on: AUD/USD: Large option expiries at .8900 today https://fxww.com/audusd-large-option-expiries-8900-today/ The Professional Source Tue, 23 Sep 2014 22:20:11 +0000 hourly 1 By: James https://fxww.com/audusd-large-option-expiries-8900-today/#comment-111972 Tue, 23 Sep 2014 22:20:11 +0000 http://381c099c8f.nxcli.net/?p=13908#comment-111972 As puts give the right to sell, the portfolio behind the puts may in fact be exiting Australian assets (like shares which has been the talk) leaving the option makers and short term specs long of AUD at 89.

The break of 0.8890 is not good for the pair, USD$0.85 seems quite achievable over the net few weeks.

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