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SHORT-STERLING OPTIONS

Mar22 SONIA Call Condor Buyer

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CHINA SEP CPI +0.7% Y/Y VS +0.8% Y/Y AUG: NBS

CHINA SEP CPI +0.0% M/M VS +0.1% M/M AUG

CHINA SEP FOOD PRICES -5.2% Y/Y VS -4.1% Y/Y AUG

CHINA SEP NON-FOOD CPI +2.0% Y/Y VS +1.9% Y/Y AUG

CHINA SEP PPI +10.7% Y/Y VS +9.5% Y/Y AUG: NBS

CHINA SEP PPI +1.2% M/M VS +0.7% M/M AUG