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EUROPE SUMMARY: ​Mixed Trade

OPTIONS

A mixed bag throughout the day, with strong activity in November Bund options (as Vol drifted lower), alongside multiple Short-Sterling trades that largely targeted upside though again, mixed. The afternoon proved much quieter as the month came to a close. Today's options flow included:

  • RXX0 174/173.50/173 p ladder bought for 16 in 1.5k
  • RXX0 171p, bought for 3 in 5k and RXX0 172p, bought for 6 in 2k
  • RXX0 175^, sold at 121 in 250 (3.35%)
  • RXX0 173/176.5^^, sold from 24 down to 23 in 1.3k
  • DUX0 112.30/40/50c, sold at 2 in 4.5K
  • LM1 99.875/100.00/100.125c fly, bought for 3.25 in 8k
  • LM1 100.12/100.37cs 1x1.75 bought for 3 in 10k
  • LH1 100c, sold at 4.75 in another 4k, now 9k total
  • LZ0 99.875/100.00/100.125c fly, bought for 4.5 in 2k
  • LH1 100c, sold at 4.75 in 5k
  • 0LM1 100.25/100.50 c/s bgt for 3.25 x 10k

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