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More Hawkish ECB Plays


Tuesday's Europe rates / bond options flow included:

  • RXN2 153/155cs 1x2 bought for 8 1930 vs RXN2 153.5/155.5cs 1x2 sold at 5.5 in1930 (rolling down).
  • RXN2 144/142ps 1x2, bought for 1 in 1k.
  • RXN2 150/148.5/146p ladder, sold at 41 in 1.5k
  • RXN2 151/149ps, bought for 104 in 2.15k
  • RXU2 150/153cs 1x2, bought for 7 in 2.5k
  • RXN2 150/149/148p fly, sold at 12.5 and 12 in 5k
  • RXN2 152/153.5cs, bought for 22 in 4.3k
  • RXU2 144/161 ^^, bought for 78 in 1k
  • OEQ2 122/126 Risk Reversal, bought the put for 4/4.5/5 in 12.5k. (This covers the July ECB meeting, expiry 22nd July vs ECB on the 21st July)
  • 0RM2 98.50/98.25/98.12 broken p fly sold 14.5 in 5k
  • ERU2 99.37/99.75^^ sold at 11 in 2k
  • ERU2 99.50/99.375 ps vs 99.75c, bought the ps for half in 5k
  • ERZ2 98.75p v ERM3 97.25p bought the Dec 1.25 in 2.5k

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