*** Reminder, lead June..........>

US EURODLR OPTIONS: *** Reminder, lead June Eurodollar futures and options

expire Friday (technically, futures and front June options expire Mon morning at

6:00 am ET while Red through Purple midcurves expire at 5:00 pm ET Fri). Despite

significant position unwind effort to avoid pin risk last couple weeks, a

massive amount of open interest remains. Final OI coming into session according

to CME Group Data below: 

-- Jun quarterly OI: 5,424,186 (2,975,630 calls, 2,448,556 puts);

-- Jun 1yr midcurve (Red) OI: 3,455,290 (1,696,102 calls, 1,759,188 puts);

-- Jun 2yr midcurve (Green) OI: 2,100,904 (1,164,083 calls, 936,821 puts);

-- Jun 3yr midcurve (Blue) OI: 1,712,946 (912,038 calls, 800,908 puts);

-- Jun 4yr midcurve (Gold) OI: 182,189 (84,002 calls, 98,107 puts);

That's a total of 12,875,515 options (5,424,186 in fronts, 7,451,329 total

midcurves) coming off the sheets.