Early SOFR/Treasury Option Roundup: Mixed Wing Trade Post-BOJ Annc

Mixed overnight flow, primarily in the wings for both SOFR and Treasury options as rate hike projections through year end remain subdued with underlying futures bouncing off near three week lows overnight. Rebound after BOJ left rate steady but adjusts yield curve control, allowing 10Y yield "to fluctuate around 0.5", kept 10Y yield target at appr 0.0%. Rates and stocks sold off late Thus after Nikkei sources story aired possibility of YCC tweak.

• SOFR Options:
  • Block/screen, over 40,000 SFRV3 94.43 puts, 27k blocked 6.0 vs. 94.595/0.29%
  • 3,000 SFRZ3 94.75/94.87/95.12 broken put trees, ref 94.62
  • Blocks, 10,000 SFRH4 94.62/95.12/95.62 call flys, 8.5 ref 94.835 -.84
  • 4,000 SFRV3 94.12/94.37/94.50/94.62 broken put condors, ref 94.62
  • 5,100 SFRV3 94.56/94.62/94.68/94.81 broken call condors ref 94.615
  • 1,500 SFRX3 94.56/94.62/94.68/94.81 broken call condors
  • 2,000 OQU3 95.25/95.50/95.75 put trees, ref 95.46
• Treasury Options:
  • 8,100 TYU3 110.5 puts, 35 ref 111-11.5
  • 3,300 FVU3 108.25 calls, 9.5 last
  • 3,000 FVU 107.25 calls, 28.5 last
  • 3,700 TYU3 112 calls, 37 last
  • over 3,000 TYU3 113, 113.5 and 114 calls
  • over 5,100 TYU3 110 puts, 24 last
  • 1,000 TYU3 110.25/111.5 put spds
  • over 23,000 wk4 TY 112 calls, 6 down to 1 ref 111-02.5