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*** Latest trade, * 1,650 USU.......>

US TSY OPTIONS
US TSY OPTIONS: *** Latest trade, 
* 1,650 USU 143/146 3x1 put spds, 7/64 net vs.
* 1,650 USU 146/150 call spds on a little over a 3.5x1 ratio, 20/64
Screen trade by the open included
* over 10,000 FVU 114.25 calls, 9.5/64
* 5,650 USU 141 puts, 14/64
* 9,500 TYQ 119.5 puts, 9/64 outright and vs. TYQ 119 puts at 3/64
Background on last Friday's appr -100,000 TYU 121/122 call spds, 15/64, open
interest in TYU 121 calls increased appr 89k, TYQ 122 call OI decreased 76k.
Back on June 11, paper bought appr 100k TYU 120/122 call spds at 29- to 30/64.
Fri's sale tightens up the call spd, global macro fund now basically long the
TYU 120/121 call spd.

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