Early SOFR/Treasury Option Roundup

Some interest in Sep 5Y calls/call spds overnight on otherwise modest summer volumes. Underlying futures mildly lower for the most part, 2s and Ultra-Bonds a little higher at the moment. Muted SOFR trade overnight, Whites through Reds mildly higher (rate hike projections through year end holding around 17-20%) vs. weaker levels out the strip.

• Treasury Options:
  • 8,400 FVU3 109 calls, 3.5 last ref 106-25.5
  • 8,400 FVU3 107.75/108.5 call spds ref 106-26.25 to -25.75
  • 1,000 TYU3 111.75/112.25/112.75/113.25 call condors, ref 111-14
  • 3,500 TYV3 109/110 put spds, 14 ref 111-28
  • 2,000 USU3 128/131 call spds ref 124-13
• SOFR Options:
  • 2,500 SFRZ3 94.87/95.00 call spds ref 94.625 to -.63
  • Block, 2,500 SFRV3 94.50 puts, 7.0 vs. 94.625/0.33%