Free Trial

*** Trade update, large call.....>

US EURODLR OPTIONS
US EURODLR OPTIONS: *** Trade update, large call seller in Blue Sep'22 expiry
most likely a closer. Ongoing seller up to
* over -70,000 Blue Sep'22 80 calls sold on day from 5.0-5.5 vs. futures around
97.38
Paper had been a large buyer (appr 90k) of the calls last fall from 4-4.5 vs.
96.92-.935 (and as bull curve flattener: selling appr 65k Green Jun 77 calls vs.
Blue Sep 80 calls for net credit of 1.0) for pushing open interest to 245,000 as
of today. Legging the curve unwind seems more probable given waning interest in
flatteners, as oposed to reversing the outright calls altogether. Remains to be
seen if paper will continue to sell 

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.