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Eyeing Higher Bobl Yields

OPTIONS

Tuesday's Europe rates / bond options flow included:

  • OEM2 127.50/126.50ps 1x1.5, bought for 11.5/12 in 15k
  • OEM2 127.50p, bought for 62.5 and 63 in 15k, targeting 0.61% yield
  • DUK2 110.40/20 put spread bought for 4 in 3.5k
  • OEK2 130/131 call spread bought for 12.5 in 5.5k
  • ERN2 100.25/100.375/100.50 call fly bought for 1.5 in 2k
  • ERZ2 100.37/100.50cs bought for 1.5 in 10k

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