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Reminder, July serial ops expire.....>

US TSY OPTIONS
US TSY OPTIONS: Reminder, July serial ops expire today. Pin-risk relatively
subdued across the curve in late trade. Options 0.5 tic ITM (0.25 tic for 5-,
2-yr opt's) auto-exercised. According to CME Group data:
*             Calls      Puts      Total   Nearest-the-Money Strike Totals
* Jul 30yr   160,963   180,327    341,290  178.50 w/ 9,511 (4,708c, 4,803P)
*                                          179.00 w/ 16,583 (7,754c, 8,829P)
*                                          179.50 w/ 7,106 (6,090c, 1,016P)
* Jul 10yr   609,429   643,084  1,252,513  139.00 w/ 106,674 (85,445c, 21,229p)
*                                          139.25 w/ 19,185 (18,043c, 1,142p)
*                                          139.50 w/ 70,895 (69,914c, 981P)
* Jul 5yr    180,226   260,916    441,142  125.50 w/ 27,934 (18,470c, 9,464p)
*                                          125.75 w/ 19,944 (16,893c, 3,051p)
*                                          126.00 w/ 16,017 (15,955c, 62p)
* Jul 2yr     18,551    29,770     48,321  110.38 w/ 16,308 (11,102c, 5,206p)
*                                          110.50 w/ 1,082 (1,081c, 1p)

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