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Big Bund Put Package (And Plenty Of Calls)

OPTIONS

Tuesday's Europe rates / bond options flow included:

  • OEJ2 130.50/131.75/132.50 call fly bought for 33 in 1.5k
  • RXH2 165.5/166.5 call spread bought for 31 in 4k
  • RXH2 166/167 call spread bought for 21.5 in 2.5k
  • RXJ2 162/160.5/159/157.5 put condor, bought for 34/34.5 in 20k vs RXH2 166/164.5ps sold at 49 in 20k (done vs 4.2k futures at 1665.05)
  • RXJ2 159/157ps 1x1.5, bought for 11 in 3k
  • RXH2 166.50/168cs, bought for 26.5 in 4k
  • DUH2 112/111.90/111.80/111.70p condor, sold at 1 in 3k
  • ERM2 100.375/100.50cs vs ERU2 100.375c, bought the cs for 2 in 7.2k
  • ERU2 100.25 call, bought for 9.5 in 30k
  • ERU2 100.125/100.25/100.375c fly, bought for 2 and 2.25 in 14k on the day
  • 0EM2 97.75/97.4375ps 1x1.5, bought for 4.5 in 12k

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