MNI China Daily Summary: Tuesday, Dec 3

MNI BRIEF: China-Based UK Firms Facing Challenges

MNI: PBOC Net Drains CNY248 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1996 Tue; -1.92% Y/Y

MNI NBP WATCH: Another Policy Hold, Dovish Communications Tilt

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

MNI: US REDBOOK: NOV STORE SALES +5.5% V YR AGO MO

MNI: SWISS NOV CPI -0.1% M/M, +0.7% Y/Y

MNI: TURKEY NOV CPI +2.24% M/M

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

SOFR/Treasury Option Roundup: Fading the FI Sell-Off

US TSYS
Despite underlying rate futures trading weaker as projected rate cuts into year-end moderated, option trades continued to rotate around better upside call and call structure buying Friday. Salient trade include:
  • SOFR Options:
    • Block, 5,000 SFRN3 95.25/95.75/96.25 call flys, 4.0 ref 95.235
    • Block, 8,000 SFRU3 95.25/95.75/96.25 call flys, 2.75 ref 95.23
    • Block, 5,000 SFRU3 94.81/94.93/95.06 put trees, 0.5 net 2-legs over
    • +15,000 SFRU 95.12/95.37/95.62 call flys, 1.5
    • -20,000 SFRM3 94.68/94.75 put spds 0.75 vs. 94.955/0.05%
    • +4,000 SFRM3 95.25/96.00 2x3 call spds, 3.75 net ref 94.945
    • +1,000 SFRQ3 96.25/97.25 1x2 call psds, 2.75
    • +5,000 SFRH4 94.68/95.18 put spds, 9.5
    • 1,500 SFRN3 95.18 puts, ref 95.295
    • 1,100 SFRN3 95.12/95.37/95.62 call flys ref 95.29
  • Treasury Options:
    • -7,000 FVM 110/110.5 put spds, 17.5 ref 110-07.25
    • +14,000 wk3 FV 111/111.5 call spds, 3.5 ref 110-06.75
    • +20,000 wk3 TY 115/116.75 call over risk reversal from 1-2 vs. 115-27.5
    • 2,800 TYM3 115.5 puts, 28 ref 115-30
    • 2,000 TYM3 116 calls ref 116-03.5
    • 10,000 FVM3 109.75 puts, 11.5 ref 110-18 to -17
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.