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Euro Rates See Large Call Spread Sales Pre-ECB, With UK Downside Eyed

OPTIONS

Wednesday's Europe rates / bond options flow included:

  • RXN3 135.5/136cs, bought for 8 in 6.3k.
  • ERV3 96.00/95.75 1x2 put spread bought for 0.75 in 2k (bought the 1)
  • ERZ3 96.375/96.50cs vs 95.75/95.625ps, bought the cs for 1.75 in 3k
  • ERH4 98.00/99.00cs sold at 2.75 in 50k
  • ERM4 98.00/99.00cs sold at 5 in 20k
  • SFIN3 94.35/94.20ps vs SFIN3 94.80/95.05cs, bought the ps for 1 in 3k
  • SFIU3 94.80c sold at 11 in 6k (ref 94.50)

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