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Large ECB Cuts Play In Euribor Features Tuesday

OPTIONS

Tuesday's Europe rates / bond options flow included:

  • ERH4 98.00/99.00cs, bought for 7.5 in 50k
  • ERJ3 96.50/96.375/96.25/96.125 put condor bought for 2.5 in 20k
  • 2RU3 97.50/98.00cs, sold at 18 in 20k vs ERU3 96.75c, bought for 49 and 50 in 20k

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