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Euribor Plays Abound As ECB Turns More Hawkish

OPTIONS

Friday's Europe rates / bond options flow included:

  • RXM2 152/150ps sold at 61 in 3k
  • RXM2 154.50/152ps 1x2, sold at 52 in 1.75k
  • IKN2 124.00/121.00ps vs 125.50/126.50cs, bought the ps for 46 in 10k
  • ERU2 99.87/99.75/99.62/99.37 broken put condor bought for 2.25, circa 60k total
  • ERU2 100.99.87/99.75p fly, sold at 1.75 in 10k
  • ERU2 99.75^ bought for 26.5, 27, and 27.5 in 12.5k total
  • ERU2 99.62/99.50/99.37p fly, bought for 1.25 in 15k
  • ERZ2 99.25p, sold at 20.5 up to 22.25 in 15.9k
  • ERZ2 99.25^, bought for 47.5 in 4.5k

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