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Big Upside And Downside Euribor Buying Continues

OPTIONS

Friday's Europe rates / bond options flow included:

  • RXZ2 142c, bought for 3 and 5 in 2.6k
  • ERZ2 97.87/98.00/98.12c fly bought for 2.5 in 35k (has been bought in at least 46k prior to today; targeting upside covering events through to Dec 19)
  • ERZ2 97.75/97.625 1x2 put spread bought for 1 in 5k. Note this was bought in 15k yesterday

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