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Some Sterling Upside Post-Jobs, Pre-Inflation

OPTIONS

Tuesday's Europe rates / bond options flow included:

  • RXH2 165/164.5ps, sold at 28 in 2.7k
  • RXJ2 160.50/159.50ps, bought for 29 in 20k (rolling down strike)
  • 2RH2 99.25/99.125ps sold down to 6.75 (ref 99.14)
  • ERZ2 100.37/100.50cs 1x2, bought the 1 for 1 in 20k
  • OEJ2 129.75/129.25ps, bought for 12 and 13 in 13k (was bought yesterday for 10/11 in 10k)
  • SFIK2 98.70/98.80/98.90/99.00c condor for 1.75 in 10k With, SFIM2 98.80/99.00/99.10c fly, bought for 2.5 in 10k
  • SFIM2 98.40/98.60/98.75 broken c fly, bought for 4.75 in 5k

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