Early SOFR/Treasury Option Roundup

Mixed overnight trade (some listed below includes screen trade from Tue) leaning towards upside calls with underlying futures making moderate gains. Projected rate hike(s) recede slightly ahead Jun FOMC minutes release this afternoon (1400ET).

• SOFR Options:
  • 6,000 SFRM4 96.00/97.00/98.00 call flys ref 95.23
  • 2,500 OQU3 95.75 calls, ref 95.605
  • Block/screen, 8,000 SFRZ3 93.75/94.00 put spds, 1.75 (16.7k blocked Tue)
  • Block, 5,000 SFRH4 97.50/98.00 call spds, 2.0 ref 94.86 vs.
  • Block, 5,000 SFRM4 96.50/97.25/98.00 call flys, 4.0 ref 95.20
• Treasury Options:
  • 1,800 FVU3 107.5 calls, 44.5 ref 106-31.5
  • over 4,500 TYU3 110.5 puts ref 111-30.5
  • 2,000 TYU3 115/117/119 call flys ref 111-31
  • 4,000 TYQ 114/115 call spds ref 111-31
  • over 4,500 TYQ3 110 puts, 7 ref 112-01.5
  • 2,000 TYQ3 114/115 call spds ref 111-28.5
  • over 12,900 TY weekly 111.5 puts, 12 ref 111-29.5
  • 1,500 TYU3 107/114.5 strangles ref 111-29
  • 2,500 FVQ3 108.5 calls, 6 ref 106-30
  • 4,600 TYQ3 114 calls ref 112-00.5
  • over 8,000 wk1 TY 112.5 calls, 11 ref 112-01.5
  • 4,400 TYU3 109 puts ref 112-01
  • 2,600 TYQ3 110.5 puts, ref 111-31