Late SOFR/Treasury Option Roundup

Decent 5- and 10Y call trade was reported late Friday, compared to more consistent downside put structures in SOFR options, underlying futures weaker in the short end as rate hike projections through year end gain slightly.

• SOFR Options:
  • Block/screen 6,000 OQV3 95.00/95.37/95.75/96.00 put condors, 6.5 net
  • 4,000 OQQ3 95.50/2QQ3 96.31 put spds
  • 6,000 OQU3 95.25/95.62 put spds vs. 2QU3 96.00/96.37 put spds (similar conditional bear curve flatteners in Oct and Dec expiries traded Wednesday)
• Treasury Options:
  • Block: 54,441 wk2 10Y 114.5 calls, 8 vs. 36,961 wk2 112.75 calls, 36 vs. 7,951 TYU3 112-09
  • Screen trade:
  • 34,670 wk2 10Y 112.75/114.5 call spds ref 112-09.5
  • 9,000 FVU3 107.75/109 call spds ref 107-10
  • 4,000 TYU3 111.5/114.5 strangles, 55 ref 112-08.5
  • 1,000 TYU3 112 straddles, 1-56
  • 1,000 TYU3 112/113/114/115 call condors, 20 net ref 112-08.5
  • over 4,500 FVU3 109 calls, 10.5 ref 107-09.75
  • 1,000 TYQ3 112.25 straddles, 18 ref 112-06.5
  • 1,200 TYU3 112/113 call spds ref 112-04.5
  • 1,500 TYU3 109.5/110.5/111.5 put flys ref 112-07.5
  • 4,000 TYU3 110.5/111.5 2x1 put spds