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EUROPE SUMMARY: Mixed Start To ECB Week

OPTIONS

A mixed bag of trades to start ECB week. In terms of size, the most noteworthy was a rolling up of strikes (according to one desk) in Bobl: OEV0 135.25/135.5cs sold at '06 in 20k. (This following this on Aug 27: OEV0 135.25/135.75 cs vs 134.25 p, bought the cs for 3 in 20k). A bit of vol selling in Short Sterling as well, with LU1 100^, sold at 22 in 1.5k.

Other options flow included:

  • RXV0 172.5/171.5 ps, bought from 17 to 19 in 6k
  • DUX0 112.30/112.20/112.00 broken p fly, bought for 1.5 in 3k
  • 0LZ0 99.87/99.75ps 1x2, sold the 1 at half in 3k
  • LH1 99.87/75/62/50/37 p condor, sold at 1 in 5k
  • LM1 vs LZ0 100c calendar, bought the red for 6.25 in 10k
  • LH1 100.00/100.125/100.25/100.375 call condor bought for 2.25, straight and vs 99.94 (20d) in 4k total

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