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Distant Downside In Bunds, Sonia Call Spreads In Size

OPTIONS

Thursday's Europe rates / bond options flow included:

  • OEU3 116.50/117.50cs 1x1.5 sold at 12.5 in 5k
  • RXV3 126/124 ps, bought for 13.5 in 5k
  • 1Week Bund 133.00/133.50cs, bought for 7.5 in 1k. This was bought for 14 in 2k Yesterday.
  • ERU3 96.125/96.00ps 1x2, sold the 1 at 2.25 in 18k (ref 96.185)
  • SFIU3 94.70/94.80 call spread bought for 1.25 in 45k on the day
  • SFIU3 94.75/94.90/95.00c fly, bought for half in 5k (post-BoE)

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