Reminder, Feb serial ops expire......>

US TSY OPTIONS: Reminder, Feb serial ops expire Fri. Ops 0.5 tic ITM (0.25 tic

for 5-, 2-yr opt's) auto-exercised. If futures vary much post-set, traders have

until 1900ET to notify clearing intention to abandon option that would normally

be exercised, some dealers require earlier notice. According to CME Group data:

*             Calls     Puts      Total   Nearest-the-Money Strike Totals

* Feb 30yr   215,042  313,424    528,466  145.00 w/ 14,678 (8,786c, 5,892P)

*                                         145.50 w/ 9,810 (4,672c, 5,138P)

*                                         146.00 w/ 15,609 (10,238c, 5,371P)

* Feb 10yr 1,061,556  991,284  2,052,840  121.50 w/ 207,042 (144,786c, 62,256p)

*                                         121.75 w/ 43,257 (22,778c, 20,479P)

*                                         122.00 w/ 105,336 (76,416c, 28,920P)

* Feb 5yr    336,954  491,452    828,406  114.00 w/ 62,585 (32,875c, 29,710p)

*                                         114.25 w/ 40,933 (26,188c, 14,754p)

*                                         114.50 w/ 76,887 (40,282c, 36,605p)

* Feb 2yr     51,585   58,113    109,689  105.88 w/ 8,839 (2,246c, 6,593p)

*                                         106.00 w/ 9,578 (4,638c, 4,940p)