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Euribor Downside Buying Continues

OPTIONS

Friday's Europe rates / bond options flow included:

  • RXH2 169.5/167.5 ps v 171.5/172.5 cs, bought the ps for 33 in 20.5k total vs RXG2 172 put, sold at 195 in 7.5k total
  • RXH2 169/168ps bought for 25 in 2k
  • RXH2 172.50/174.50cs bought for 19 in 2.5k
  • RXH2 171.5/173cs, bought for 29.5 in 2.5k
  • RXH2 157p, bought for 1 and 1.5 in 5k (also bought Weds for 2 in ~9.3k)
  • ERH3 100.12/99.87/99.62p fly (ref 100.14 d10), bought for 3 in 2k
  • ERZ2 100.25/100.99.75p fly, bought for 3 in 4k straight and 4k (ref 100.30,10 del), 8k total. (This has been bought for ~20k in the past 2 sessions.)

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