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Post-Data Trade: Better Puts Before Rebound

US TSY OPTIONS
Overall volumes still modest, but option desks noted better put interest post data, followed by 30Y calendar spread with underlying futures bouncing with Bunds.
  • 1,400 USV3/USX3 123 call spds, 39 Nov over
  • 2,000 FVV3 104.5/105 2x1 put spds ref 106-05.5
  • over 3,100 TYV3 109 puts, 22 ref 109-23
  • appr +7,000 TYV3 109.25 puts, 24-25 ref 109-28 to -27

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