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*** Latest trade * +60,000 Red...>

US EURODLR OPTIONS
US EURODLR OPTIONS: *** Latest trade
* +60,000 Red Jun 56 puts at cab in pit (open interest just over 264k; buy is
most likely short cover after put sold on 7x2 ratio vs the EDM0 60 put and 3x2
ratio vs. the EDM0 58 puts from last August to October). Kind of odd to see
cover when interest is on buying upside calls as chances of rate hikes are in
retreat. Buy likely frees up balance sheet risk to mollify risk manager..
* 15,000 Dec 77 calls, 5.0 vs. 97.365/0.10%

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