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Significant Bund Put Spread Buying

OPTIONS

Tuesday's Europe rates / bond options flow included:

  • OEH2 131.75/131.25/131.00 broken put fly, bought for 6 in 1.5k
  • RXH2 166 put bought for 16.5 in 10k
  • RXH2 166.00/165.50 put spread bought for 4 in 10k. Hearing short cover
  • RXH2 168/166ps 1x2, bought for 17 in 1k
  • RXH2 165/164ps, bought for 3 in 1.25K (also bought for 4 in 5k)
  • ERU3 vs ERH3 100.37c calendar, sold the Sep at half in 50k
  • 3RM2 99.62/99.75/99.87c ladder, bought for 0.75 in 2k

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