Mobin Ranjbar

Hi, for some background you can check out this post here: rb.gy/ugyrr But I'm happy to elaborate more. Typically, we are looking for levels of interest when viewing the expiries and we identify that by the size mostly. For the most part, I would label those above $1 billion in size to be as 'significant' in this instance. From there, it is about looking at "if these significant expiries are close to current spot levels", that is so they might have an impact on price action. I would usually highlight them in bold, where relevant. And then from there, it is about analysing how these expiries might impact price action. That is when you need to first see how price action has been behaving, then also pair it with the technicals, and also consider market sentiment. The expiries could end up being a "pull" or keep price action more "sticky", and even act as added "layers" for bids/offers at key levels. Keep in mind that there is no perfect science in reading or interpreting all of this and is a case-by-case and day-by-day basis. But that's the best way I can sum it up and how it could play a role in impacting trading sentiment. Hope this helps.