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OTM Bund Trades And Euribor Unwinds Feature

OPTIONS

Thursday's Europe rates / bond options flow:

  • RXZ2 144.5/147.5cs traded 8 in 2k
  • RXF3 141/144cs, bought for 50 in 4k. Underlying March 2023 trades at 136.16
  • OEZ2 119/118.25ps vs 120.50c, bought the ps for 6 in 3k vs 1.11k at 118.97 in Bobl
  • ERZ2 97.87/97.75ps, sold at 7.25 in 5k (ref 97.735, -22 del)
  • ERZ2 97.50/97.75/98.00 iron c fly, sold at 14.75 in 10k
  • ERZ2 97.75/97.50/97.25p fly, sold at 5.75 in 8k (unwind)
  • ERZ2 98.00/97.75/97.50 put fly sold at 10 in 11k (unwind)
  • ERZ2 97.50/97.25/97.00 put fly sold at 1.75 in 10k (unwind)

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