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

US TSY OPTIONS: Reminder, Feb serial ops expire today. 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   213,599  313,130    526,729  144.50 w/ 13,320 (1,971c, 11,349P)

*                                         145.00 w/ 14,587 (8,606c, 5,981P)

*                                         145.50 w/ 8,989 (4,243c, 4,746P)

* Feb 10yr 1,049,697  990,631  2,040,328  121.25 w/ 43,960 (10,595c, 33,365p)

*                                         121.50 w/ 201,904 (136,582c, 65,322p)

*                                         121.75 w/ 38,135 (21,158c, 16,977P)

* Feb 5yr    328,361  491,189    819,550  114.00 w/ 62,670 (32,873c, 29,797p)

*                                         114.25 w/ 39,807 (25,400c, 14,407p)

*                                         114.50 w/ 69,604 (32,892c, 36,712p)

* Feb 2yr     51,827   56,856    108,683  105.88 w/ 7,587 (2,246c, 5,341p)

*                                         106.00 w/ 9,816 (4,881c, 4,935p)