Premium selling vs. the Sep. futures starting up

As Sep. options start to become more liquid we are seeing the premium sellers come in and start selling strangles. So far today they sold the 115.5 put and the 124.5 call @ 1.24 as noted in the diagram, they also sold some @ 1.20. There was also a seller of the September 116 - 124 strangles @ 1.33 today or just over $1,500 each. Typically this kind of player will get short 40, 50 or more thousands of these and look to collect handsomely. We have noted these trades in the past There was also good selling of July covered calls see 12:04 alert at www.accutic.net To see previous analysis on strangle selling http://financialfutures.typepad.com/kiss/2009/04/strangle-selling-in-us-treasury-10yr-options.html Any question on these or other strategies to take advantage of current market conditions given the quantitative ease environment, feel free to contact me @ www.accutic.net.