Free Trial

CORRECTS: Large Jun Qtr Call Fly; Put Condor Sales Fade Hikes

US EURODLR OPTIONS

With underlying futures recovering some ground after Tue's rout, accts already looking to hedge a cooling in tighter policy expectations priced into Whites (EDH2-EDZ2 with four .25bp quarterly hikes starting in March).

  • +70,000 Jun 99.25/99.37/99.50 call flys, 2.25 with Jun'22 futures trading 99.225 at the moment.
In that vein: fading tighter policy move by the Fed via put condor sale:


  • -10,000 Jun 99.06/99.18/99.31/99.43 put condors at 4.25

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.