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EUROPE SUMMARY: Lagarde Dovishness = Bund Upside

OPTIONS

Monday's options flow included:

  • RXJ1 171/169.5ps, bought for 53 in 4k
  • RXJ1 172/173.50/175c fly, bought for 30 in 25k
  • RXM1 169.50/167.50ps 1x1.5, bought for 25.5 in 3.5k
  • RXM1 169/167ps 1x1.5, bought for 22.5 in 2.5k
  • OEJ1 135/135.25/135.50c ladder, bought for 2 in 7k
  • DUM1 114.30c, trades for half in ~3k (underlying is 112.105)
  • 3RM1 100.37/100.50/100.62c fly, bought for 1.75 in 10k
  • 0RZ1 100.62/100.50ps 1x2, bought the 1 for 0.75 in ~4k
  • LU1 100.25c, bought for 0.75 in 4k
  • 0LU1 100/99.87ps 1x2, bought the 2 for 3.75 in 3k
  • 0LU1 99.75/99.62/99.50 p fly, bought for 1.75 in 9k
  • 2LH1 99.50/99.25/99.00p fly, bought for 0.5 in 1.5k
  • 2LZ199.62/99.75/99.87c ladder, bought for -0.5 (receive) in 2.5k
  • 3LZ1 99.75/100cs 1x2, bought for half in 3.5k
  • 3LM1 99.50p, sold at 22.75 in 2.5k
  • 3LU1 99.50/99.25ps, sold at 13 in 6.4k (ref 99.29, -24 del)

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