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OPTIONS: Profit Taking On Lower Implied Rates

OPTIONS

Friday's Europe rates/bond options flow included:

  • DUX4 107.10/107.40cs, bought for 8 in 4k.
  • ERV4 97.12/97.25cs, bought for 1.25 in 14.4k total
  • ERZ4 96.625/97.00cs sold at 27 in 25k (profit taking).
  • ERZ4 96.625/97.00cs, sold at 27 in 3k.
  • ERH5 97.75/98.25/98.75c fly sold at 4.75 in 8k
  • ERH5 98.00c, sold at 7.5 in 80k, vs 17.6k at 97.545 (was bought for 3 and  3.25 on 17th July).
     
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Friday's Europe rates/bond options flow included:

  • DUX4 107.10/107.40cs, bought for 8 in 4k.
  • ERV4 97.12/97.25cs, bought for 1.25 in 14.4k total
  • ERZ4 96.625/97.00cs sold at 27 in 25k (profit taking).
  • ERZ4 96.625/97.00cs, sold at 27 in 3k.
  • ERH5 97.75/98.25/98.75c fly sold at 4.75 in 8k
  • ERH5 98.00c, sold at 7.5 in 80k, vs 17.6k at 97.545 (was bought for 3 and  3.25 on 17th July).