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EUROPE SUMMARY: Closing Out

OPTIONS

We saw a few 'closing positions' trades today. The largest was LZ0 100.125 calls bought for 0.25 in 100k. A desk said this appears to be short cover from the 100.00/100.125 1x2 call spread (which in turn had been part of a larger structure, back on Sep. 11). Another was RXX0 173.50/172.50ps, sold at 16 in 1k - heard closing (had been bought for 11.5 on Oct 2 in 1k).

Other options included:

  • OLH1 100.00/100.125cs vs 99.875p, bought the CS for 1 in 4k
  • LZ0 99.875/100.00/100.125c fly, bought for 5.5 in 2.5k
  • LH1 100.00/100.125/100.25c fly 1x3x2, bought for half in 4k
  • 3RZ0 100.37/100.25ps vs ERZ0 100.50/100.37ps, bought the 3yr for 0.75 in 4k
  • RXZ0 177.5/178.5cs, bought fort 7.5 in 3k
  • RXZ0 179.00/179.50/180.50c ladder, receives 2 ticks for 3k
BulletMarketsFixed Income Bullets
BulletMarketsFixed Income Bullets

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