Free Trial
US TSYS

Little Changed Early On

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Late Eurodollar/SOFR/Treasury Option Roundup

US TSYS

Session trade remained mixed by the close, moderate downside put buying in addition to fair amount of upside call buying from specs looking to fade the continued selling in underlying vs. pick-up in put and vol buyers amid chatter of BOE emergency rate hike after the CB hiked 50bp last Thu.

  • SOFR Options:
    • Block, 10,000 SFRV 95.43/95.56 put spds, 4.0
    • +8,000 short Mar 97.50/98.00 call spds, 2.75 ref 95.795
    • 3,500 SFRZ2 96.37/96.50/96.62/96.75 put condors
    • Block, 2,000 short Dec 96.75/96.87 call spds, 1.0 vs. 95.55/0.05%
    • Block, 3,000 short Oct 96.25/96.75 call spds, 1.5 vs. 95.57/0.05%
  • Eurodollar Options:
    • 8,500 Dec 94.68/95.12 1.5x1 put spds
    • 3,000 short Oct 95.00/95.50 put spds
    • 2,000 Dec 95.56 calls
  • Treasury Options:
    • 5,000 TYX 111/112/113 put flys
    • Block, 10,000 FVX2 106.75/108.75 2x1 put spds, 12
    • 3,000 USX2 120/125 put spds, 55 ref 127-31
    • 4,000 FVX 110/112 call spds
    • Update, over 17,000 TYX2 110 puts adds to Block
    • 7,000 FVZ2 110 calls, 15.5
    • Block, 10,000 TYZ2 120 calls, 6 ref 111-30
    • 5,000 TYZ2 117.5 calls, 15 ref 111-29.5
    • 5,000 TYZ2 118 calls, 13 ref: 111-29.5
    • 1,750 FVX2 105.5 puts, 17
    • 4,000 FVX2 106.5 puts, 32 ref 107-05.75
    • Block, 5,000 TYX2 114 calls, 31
    • Block, 10,000 FVX2 106.75/108.25 2x1 put spds, 12
    • Block, 5,000 FVX2 106.5 puts, 34
    • Block, 5,000 TYX2 110 puts, 31
    • Block, 10,000 TYX2 110/114 strangles, 58
193 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Session trade remained mixed by the close, moderate downside put buying in addition to fair amount of upside call buying from specs looking to fade the continued selling in underlying vs. pick-up in put and vol buyers amid chatter of BOE emergency rate hike after the CB hiked 50bp last Thu.

  • SOFR Options:
    • Block, 10,000 SFRV 95.43/95.56 put spds, 4.0
    • +8,000 short Mar 97.50/98.00 call spds, 2.75 ref 95.795
    • 3,500 SFRZ2 96.37/96.50/96.62/96.75 put condors
    • Block, 2,000 short Dec 96.75/96.87 call spds, 1.0 vs. 95.55/0.05%
    • Block, 3,000 short Oct 96.25/96.75 call spds, 1.5 vs. 95.57/0.05%
  • Eurodollar Options:
    • 8,500 Dec 94.68/95.12 1.5x1 put spds
    • 3,000 short Oct 95.00/95.50 put spds
    • 2,000 Dec 95.56 calls
  • Treasury Options:
    • 5,000 TYX 111/112/113 put flys
    • Block, 10,000 FVX2 106.75/108.75 2x1 put spds, 12
    • 3,000 USX2 120/125 put spds, 55 ref 127-31
    • 4,000 FVX 110/112 call spds
    • Update, over 17,000 TYX2 110 puts adds to Block
    • 7,000 FVZ2 110 calls, 15.5
    • Block, 10,000 TYZ2 120 calls, 6 ref 111-30
    • 5,000 TYZ2 117.5 calls, 15 ref 111-29.5
    • 5,000 TYZ2 118 calls, 13 ref: 111-29.5
    • 1,750 FVX2 105.5 puts, 17
    • 4,000 FVX2 106.5 puts, 32 ref 107-05.75
    • Block, 5,000 TYX2 114 calls, 31
    • Block, 10,000 FVX2 106.75/108.25 2x1 put spds, 12
    • Block, 5,000 FVX2 106.5 puts, 34
    • Block, 5,000 TYX2 110 puts, 31
    • Block, 10,000 TYX2 110/114 strangles, 58