Free Trial

Midday Option Recap

Implieds inching lower after trading firmer on the open, rebound back to inside range session weighing. Aside from the large in-the-money covered put block sale (synthetic call sale) overall volumes fairly modest. Underlying theme remains better buying across 2022-2023 of downside puts hedging various hike opinions (size, pace).
  • Block, 42,105 Jun 99.50 puts, 44.0 vs. 99.075/0.85%
  • 2,000 May 97.50/97.62 put spds
  • 6,000 Apr 99.25/99.31 2x1 put spds
  • 2,000 Dec'22/Mar'23 99.37 call spds
  • Overnight trade
  • 2,000 short Mar 98.37/98.62 put spds
  • 3,000 Apr 99.25/99.31 2x1 put spds
  • Block, 5,000 Green Jun 98.18/98.31 call spds, 5.0 vs.
  • Block 10,000 Green Jun 97.00/97.50 put spds, 5.5
  • 3,000 Green Feb 98.06/98.18/98.31 call flys

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.