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EUROPE SUMMARY: Large Stg Put Structures Steal The Show

OPTIONS

Thursday's options flow included:

  • RXM1 171/172cs, sold at 25 in 1.25k
  • RXN1 170.5/168.5ps 1x1.5, bought for 33 in 1k
  • RXN1 170/168ps 1x2, bought for 13 in 1k
  • RXN1 171/169ps vs 173/175cs, bought the ps for 3 in 1.5k
  • RXU1 172.5/170ps 1x1.5, bought for 50.5 in 1k
  • RXM1 172.50c, bought for 7 in 5k
  • OEM1 134.5/134ps, bought for 9 in 2k
  • OEQ1/OEU1 133/135 RR strip, bought the puts for 10 in 1k
  • 3RZ1 100/99.87/99.75/99.62p condor, bought for 1.75 in 1k
  • 0LM1 99.62/75/12/25 broken c condor, sold at 9 in 6k
  • 2LM1 99.50c, bought for 4 in 4k
  • 3LM1 99.50/99.25/99.00/98.75 put condor sold down to 17.25 in 30k (v 99.135)
  • 3LU1 98.875/98.625 put spread sold at 5 in 45k (v 99.08). Market contact notes: originally bought for 3.75 and 4

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