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US TSY OPTIONS: Expensive 10Y Iron Condor

US TSY OPTIONS
  • 6,000 TYJ5 107/109/109.5/111.5 iron condor on 2x3 ratio for 156 net (+2x body vs. -3x wings)
  • appr $11.25M premium outlay for structure that expires on March 21.
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  • 6,000 TYJ5 107/109/109.5/111.5 iron condor on 2x3 ratio for 156 net (+2x body vs. -3x wings)
  • appr $11.25M premium outlay for structure that expires on March 21.