Trading flows listed below do show some bearish bets as we head into today’s FOMC minutes. Currently 10yr. futures under pressure trading 12222. There are some opportunities however slightly more risk perceived here than reward so I’m not all that inclined to get involved. If you want some ideas feel free to call. Otherwise enjoy your day. Will have more later.
Here is something interesting just came in - With June 10's still around 12222 area a dealer is looking for a market ins size of 25,000 on the June 122 calls. Most feel it is for the large short in that strike. Currently getting a wide market .45/.55. The option has a delta of 88% so you would have to offset the risk with 22,000 futures. No trade yet will be watching.
Larger flows listed below.
| 5/18/2011 | |||||
| Paper | B | 3,000 | EDZ12 9750/9787 p spread | 6 | 9870.5/71 |
| Paper | B | 3,000 | EDZ11 95 strad | 25.5 | 9958 area |
| Was bought 6K yesterday OI report shows new postion | |||||
| 1st opt. | B | 5,000 | EDU13 9700 puts | 5.5 | 9795/95.5 |
| Paper | S | 10,000 | EDM 9975 call | 0.5 | 9973/73.25 |
| JP Morg | S | 6,000 | EDM 9975 straddle | 3.5 | 9972.2/72.5 |
| New Edge | B | 5,000 | EDZ 9925/9937/9950 c fly | 1 | N/A |
| Paper | S | 1,500 | EDM13 9775/9800 p1X2 with see below | ||
| Paper | S | 1,500 | EDM13 9825/9850 c 1X2 | 8 - sold both | 9813 area |
| Fed Fund opts | |||||
| Paper | B/S | 500 | FFZ9987 - FFF 9981 p diagnol | 0.75 | N/A |
| 10yr. Opts | |||||
| Screen pre open | |||||
| Paper | S | 7,000 | TYN118.5/124.5 combo | flat call over | 12120.5/21 U |
| Floor | |||||
| Paper | S | 500 | TYM123 straddles | 0.31 | 12302 area |
| Paper | S | 500 | TYQ 121.5 strad | 2.28 | 12121 area |
| Paper | B | 2,000 | TYM122.5 p | 0.06 | 12229/29.5 |
| Paper | B | 2,000 | TYU118.5/124.5 combo | .03 put over | ^12117 |
| Paper | B | 500 | TYM122/124 combo | flat put over | ^12230.5 |
| RJO | S | 3,000 | TYU121.5 strad | 3.07 and 3.06 | 12229 to 22 |
| Paper | B | 500 | TYN 122/124 c 1X2 | 0.03 | 12229/29.5 |
| RJO | S | 1,000 | TYN 121.5 strad | 1.5 | 12226/26.5 |
| Mann | B | 500 | TYM122.5 p | 0.07 | 12226/26.5 |
| CCM | S | 1,000 | TYM122/122.5 p spread | 0.06 | 12225/225.5 |
| RJO | B | 1,000 | TYU123.5 | 0.44 | 12223.5/24 |
| Merril | S | 2,000 | TYM121.5/122/122.5 c fly | 0.05 | N/A |
| RJO | S | 2,000 | TYM121.5/122/122.5 c fly | 0.05 | N/A |
| 5yr. Opts | |||||
| Paper | B | 500 | FVM 119 p | 2.5 | N/A |
Comments