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### POV, Latest trade, ongoing...>

US EURODLR OPTIONS
US EURODLR OPTIONS: ### POV, Latest trade, ongoing seller
* -75,000 Blue Jun 73/76 put spds, 9.5 vs. 97.64/0.15%, makes appr -125k sold
since Oct 6 -- apparently rolling down long leg of a 76/80 3x2 put spd the macro
fund sold back in mid-September (15.0 cr). Implied vol remains low despite
better put buying (dubbed Taylor-put now) and roll-down as market adjusts for
increased rate hikes being priced into underlying. Note, while chances of hike
Dec 13 FOM hold around 81.7%, chance of hike at March 21 FOMC climbs to 47.2%
and the Jun 13 FOMC chance of hike is now up to 21.1%. 

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