Free Trial

Deep Red Sep'24 Put Fly Returns

STIR
Traders continue to debate reasons for trading deep in-the-money put structure on long expiry, vs. structured w/ calls on a rate-cut hedge back to .5 by fall of 2024.
  • 10,500 SFRU4 98.50/99.50/100.50 put flys -- adds to 82,500 traded Fri.
  • 6,000 OQU3 94.75/96.75 put 3.5
  • 2,000 2QM3 96.43/96.68 call spds vs. 3QM3 96.62/96.87 call spds

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.