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All Downside, Including ECB Rate Hike Plays

OPTIONS

Tuesday's Europe rate / bond options flow included:

  • RXF2 170.5/173.5 RR sold the call from 5 down to 1 in 20k
  • RXF2 160.00 put bought for 2 in 10k (ref 172.33)
  • DUG2 112.20/112.00/111.80p fly, bought for 4.25 in 5k
  • ERU3 100/99.75ps vs 100.37/100.50cs, bought the ps for flat in 4k
  • 3RG2 99.75/99.50ps bought 4 on 50k

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