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Large Bund Unwind Features

OPTIONS

Thursday's Europe rates / bond options flow included:

  • RXH2 172c, bought for 24 in 3
  • RXG2 171.50p, sold at 177 in 30k total (vs 30k futures - unwind of risk reversal leg)
  • DUH2 111.80/111.60ps, bought for 2.75 in 5k
  • 0NH2 98.90/98.70/98.50 put ladder sold at 7.25 in 5k
  • 0NK2 98.40/98.20 ps vs 98.90c, bought the ps for 2 in 6k
  • SFIK2 99.00/99.10/99.20/99.30c condor, bought for 3 in 1.5k

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