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Mostly Fading Rate Downside

OPTIONS

Friday's Europe rates / bonds options flow included:

  • ERU3 100.00/99.875 put spread sold at 3 in 10k
  • 0RH2 100.50 calls bought for 0.75 in 3k
  • 2RZ1 100.25/100.50 call spread bought for 1.5 in 2k (vs 100.02 10d)
  • 2RM2 100.25/100.375/100.625 broken call fly bought for 1 in 5.5k
  • 3RZ1 99.875^ bought for 21.5 in 3.25k
  • SFIH2 99.35/99.55/99.60 call ladder bought for 3.25 in 4k

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