As the forex market approaches significant option expirations, traders are preparing for potential volatility. Notably, large FX option expiries are set for December 13, with a significant concentration at the EUR/USD level of 1.0500. The upcoming expiration on December 20 is anticipated to be the largest on record, with nearly $6 trillion in value expected to expire, according to market analysts. Current total delta notional across all US options is reported at approximately $1.7 trillion. This heightened activity in the options market is likely to influence trading dynamics in the forex sector.