Late SOFR/Treasury Options Roundup

Decent volumes on mixed overall option trade Wednesday as underlying futures retreated from initial post-CPI gap bid. Modest two-way positioning in May options as accounts hedge perceived policy moves from the FOMC.

• SOFR Options:
  • Block, 5,000 SFRK3 95.50/95.75 call spds, 1.75 ref 95.045
  • Block, 10,000 SFRK3 95.12/95.25/95.75 call trees, 0.5 net, 2 legs over ref 95.05
  • +5,000 SFRU3 95.06/95.25 2x1 put spds, 12
  • Block, 5,000 SFRZ3 95.87/96.25/96.50 broken call flys, 5.5 vs. 95.735/0.05%
  • Block, 6,000 SFRU3 93.75/94.25/94.75 put flys, 6.0 ref 95.35
  • -5,000 SFRN3 95.12/95.25/95.50/95.62 iron condors, 10.0 ref 95.345
  • Block, 5,000 SFRK3 94.81/95.06 put spds, 10.5 ref 95.065
  • Block, 10,000 SFRK3 94.93/95.18 put spds, 15.5 ref 95.065
  • Block, +10,000 SFRM3 94.75/94.87/95.00 put flys, 3.5 ref 95.07
  • 15,000 SFRM3 94.93 puts, ref 95.065
  • +4,000 SFRH4 94.62/94.87/95.12 put flys, 1.75
  • Update, 15,000 SFRZ3 94.25/95.25 put spds ref 95.78
  • 15,000 SFRM3 95.50/96.25 call spds ref 95.01
  • 2,500 SFRK3 95.06/95.18 call spds vs.
  • 10,000 SFRM3 95.00/95.12/95.31/95.43 call condors, 1.75
  • 4,000 SFRJ3 95.75 calls ref 95.00
  • 4,000 SFRZ3 95.00/95.06/95.12 put flys, ref 95.63
  • Block, 24,000 SFRZ 93.25/93.50 put spds, 1.0 ref 95.635 to -.64
  • 2,000 SFRJ3 95.12/95.25 2x3 call spds ref 95.005 to -.01
  • 4,000 OQK3 96.00/96.25/96.62 broken put flys ref 96.495
  • 1,375 SFRJ3 95.00/95.25/95.50 put flys, ref 95.015
  • 4,000 OQK3 98.00 calls, 1.5 ref 96.505
• Treasury Options:
  • -3,200 FVM 109 puts, 28.5 ref 110-00
  • +5,000 TYK 112/119 strangles, 3
  • 2,500 TYK3 117.5/119 call spds, 5 ref 115-27
  • Block, 15,000 TYK 116.5 calls, 23 vs. 7,500 TYM 114 puts, 30 vs. 5,475 TYM 116-00
  • over 9,600 TYK3 116.75 calls, 18 ref 115-30
  • 5,000 FVM3 107/108/109 put trees, 7.5 ref 110-09
  • Block, 25,000 FVM3 112.5/113.5 call spds 8 vs. 110-08.5/0.08%
  • 4,500 TYM3 119 calls, 20 ref 115-09.5
  • 2,000 FVM3 111.25/111.75 call spds ref 109-26.5