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/EUROPE SUMMARY: In the hours following.....>

OPTIONS
OPTIONS: /EUROPE SUMMARY: In the hours following the ECB decision, we saw buyers
of Bund July put fly downside (RXN0 173.00/172.00/171.00, 18k all day), as well
as continued buying of August Schatz call fly (targeting modest upside: DUQ0
112.00/112.20/112.40 call fly in 17k, adding to position).
** EGB options flow included:
* RXN0 178 calls, bought for 7 and 8 in 12.5k
* RXN0 172/171 ps, bought for 14/14.5/15 in 25k
* DUN0 112.10/112.20/112.30/112.40 c condor, bought for 2.5 in 2.5k
* DUQ0 112.00/112.20/112.40 c fly bought for 5.5 in 17k(adding, 67k total now)
* RXN0 173.00/172.00/171.00 put fly bought for 13 in 10k
** Euribor options flow included:
* ERU1 100.25/99.75ps vs 100.75c, bought for 2.75 in 3.5k
* 0RZ0 100.125/99.875ps, bought for 1 in 2.5k
** Short-Sterling options flow included:
* LU0 99.875c vs 0LU0 100.00/100.25cs, bought the mid for half in 10k

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