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Mostly Bearish Rates Trades

OPTIONS

Monday's Europe rates / bond options flow included:

  • RXJ3 129.5/128.5ps, bought for 19 in 1.5k
  • Conditional bear flattener - Buys ERN3 95.875/95.625 put spread in 6k, sells 0RN3 96.125/95.875 put spreadin 6k. Net paid 1.75)
  • ERM3 96.375 put bought for 19 (vs 96.29)
  • ERU3 96.125/96.00/95.875/95.75 put condor bought for 2.5 in 4.5k
  • ERM4 96.00/96.50/97.00c fly, bought for 9.25 in 4k

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