February 14, 2025 16:29 GMT
EURIBOR: Mix Of Net Long Setting and Net Short Cover On Thursday
EURIBOR
OI data points to a mix of net long setting and net short cover in Euribor futures on Thursday. Futures settled +1.5 to +6.5 ticks through the blues, supported by a pullback in European gas prices, sensitivity to reciprocal tariff announcements and a dovish-leaning US PPI report.
- The largest net OI swing was seen in the M5 contract (-14.7k). Notable M5 flow yesterday included 12.5k of 97.875 / 98.000 / 98.125 call flys.
- At a pack level, the reds saw the largest OI change, with +17.7k of net longs added.
13/02/2025 | 12/02/2025 | Daily OI Change | Daily OI Change In Packs | ||
ERH5 | 567,935 | 569,023 | -1,088 | Whites | -4,553 |
ERM5 | 732,470 | 747,190 | -14,720 | Reds | +17,661 |
ERU5 | 554,445 | 548,842 | +5,603 | Greens | +6,367 |
ERZ5 | 623,637 | 617,985 | +5,652 | Blues | +2,221 |
ERH6 | 426,620 | 413,843 | +12,777 | ||
ERM6 | 340,644 | 338,693 | +1,951 | ||
ERU6 | 266,324 | 272,517 | -6,193 | ||
ERZ6 | 326,560 | 317,434 | +9,126 | ||
ERH7 | 169,662 | 169,280 | +382 | ||
ERM7 | 132,031 | 130,059 | +1,972 | ||
ERU7 | 95,731 | 95,351 | +380 | ||
ERZ7 | 121,369 | 117,736 | +3,633 | ||
ERH8 | 59,421 | 58,469 | +952 | ||
ERM8 | 45,587 | 44,987 | +600 | ||
ERU8 | 32,037 | 31,302 | +735 | ||
ERZ8 | 45,433 | 45,499 | -66 |
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