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OPTIONS: Pre-ECB Euro Rates Trade Leans To Upside

OPTIONS
BulletMarketsFixed Income Bullets

Tuesday's Europe rates/bond options flow included:

  • Bull steepener: ERZ4 97.00/97.12 1x1.5 call spread paper paid 1 on 24K vs 0RZ4 98.00/98.25  1x1.5 call spread at 4.25. The position netted out receiving -3.25, buying  the front.
  • ERH5 97.87/98.00cs vs 97.12/97.00ps, bought the cs for 0.75 in 12.5k
  • ERH5 98.12/98.87cs bought for 5 in 20k
  • 0RU4 98.00/98.25cs, bought for 4.5 in 5k.
  • SFIX4 95.65/95.55/95.35 broken p fly, bought for flat in 2k.
  • SFIZ4 95.50/95.40/95.30p fly, bought for 1.75 in 2k.
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Tuesday's Europe rates/bond options flow included:

  • Bull steepener: ERZ4 97.00/97.12 1x1.5 call spread paper paid 1 on 24K vs 0RZ4 98.00/98.25  1x1.5 call spread at 4.25. The position netted out receiving -3.25, buying  the front.
  • ERH5 97.87/98.00cs vs 97.12/97.00ps, bought the cs for 0.75 in 12.5k
  • ERH5 98.12/98.87cs bought for 5 in 20k
  • 0RU4 98.00/98.25cs, bought for 4.5 in 5k.
  • SFIX4 95.65/95.55/95.35 broken p fly, bought for flat in 2k.
  • SFIZ4 95.50/95.40/95.30p fly, bought for 1.75 in 2k.