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Bullish UK Rate Trades Feature Post-CPI Wednesday

OPTIONS

Wednesday's Europe rates/bond options flow included:

  • SFIH4 95.05/95.15cs vs 94.80/94.70ps bought the cs for 1.5 in 6k
  • SFIH4 95.05/95.30/95.55c fly, bought for 3.5 in 5k
  • SFIM4 95.50/95.70cs vs 95.00p bought the cs for -3 in 2k
  • SFIM4 95.60/95.80cs vs 94.95/94.75ps bought the cs for 3 in 5k
  • SFIM4 95.70/95.90/96.10c fly bought for 1.75 in 2k
  • SFIU4 96.10/96.30cs vs 94.95/94.75ps bought cs for 4.5-4.75 in 8k
  • SFIZ4 96.50/96.70cs vs 95.20/95.00ps bought cs for 4.5 and 5 in 9k
  • ERH4/ERZ4 99.25/100.00cs 1x2 strip sold at half in 4.5k
  • DUH4 106.40/106.00ps vs 106.60c, bought the ps for -9 (receive) in 20k

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