EUROPE SUMMARY: Several Large Rates Trades

Friday's options flow included:

• RXJ1 172.50/173.50/175c fly, bought for 9.5 in 2k
• RXJ1 172c, bought for 67 in 1.5k
• OEJ1 135.75/136.25cs, bought for 3 in 2k
• OEJ1 134.50/134.00 put spread bought for 9.5 in 4k
• ERU1 100.50/100.625/100.75 call fly bought for 4 in 15k
• 0RZ1 100.50/100.375 1x2 put spread bought for 0.5 in 8k
• 0LM1 99.87/100cs vs 3LM1 99.62/99.75cs, bought the 1yr for half in 6.5k
• 0LU1 99.875/99.75/99.625 1x3x2 put fly bought for 0.5 in 7k
• 2LU1 99.62/99.75cs x2 vs 3LU1 99.50/99.75cs, bought the 2yr for 3.5 in 12kx6k
• 2LU1 99.25p (v 99.58) + 2LZ1 99.25p (v 99.515), bought for 9.25 in 10k strips
• 3LH1 99.75/99.87cs, bought for half in 2.5k (ref 99.52, 2 del)
• 3LM1 99.62/99.37ps vs 2LM1 99.75p, bought the put for 0.75 in 5k
• 3LM1 99.62/99.75/99.87c fly, bought for 1.5 in 2k and 1.25 in 5k
• 3LU1 99.125/99.875/99.625 put fly bought for up to 3.25 in 22k on the day