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EUROPE SUMMARY: Schatz Liquidation

OPTIONS

The largest and most notable options flow of the day was this morning in Dec20 Schatz: DUZ0 112.10p, bought for 2.5 for 34.5K (112.305). Desks tell us this was cover on an existing short position. Also, just after a Bloomberg headline suggesting the UK sent legal texts to the EU in an effort to unlock the ongoing trade talks, we saw LH1 99.875/100.00 c/s bought for 6.5 in 3k.

  • DUX0 112.30/40/50c fly, sold at 2 in 2.5k
  • RXX0 173.5/72.5ps, bought for 14 in 7k
  • RXX0 175^, sold at 133 in 750
  • RXZ0 174.5^sold 200 at 227 and 200 at 225
  • OEX0 135/134.75ps x3 vs 135.5c, bought the ps for 6 in 7.5k x 2.5k
  • DUZ0 112.20/30/40/50 c condor vs 112.10/00ps, bought for 3.5 in 3k

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