Still a fair amount of concern about the US debt ceiling and possible "partial defaults" in the Eurozone. Hear front month Euro's climbing and there seems to be some decent put selling vs nearby strike on August expiration. Not much else to add - obviously 9:00 data seemed to trigger a move to equities at fixed incomes expense. Just got stopped out on position so may not be doing anything until I get a new trend change. Call for more.
Early flow listed below:
| 7/21/2011 | |||||
| Cube | S | 5,000 | EOU 9937c | 4.5 | 9928/28.5 |
| Local | B | 2,000 | EDZ/H 9962 c calendar | 0.5 | N/A |
| Merril | B | 5,000 | EDV/EDZ 9962 c calendar | 3 | N/A |
| TJM | B | 2,500 | EDU9850p | 0.5 | 9964/64.5 |
| Paper | S | 3,000 | EDH9962/9975 c spread | 5.5 | N/A |
| Paper | S | 500 | EDQ 9950 put | 1.5 | 9964.5/65 |
| Paper | S | 500 | EDQ 9950 put | 0.5 | 9964.6/65 |
| Fed Fund opts | |||||
| Paper | S | 500 | FFG9937c | 0.25 | 9981.5/82 |
| Greenwich | B | 2,000 | FFV9975p | 0.5 | 9987.5/88 |
| 10yr. Opts | |||||
| New Edge | B | 2,000 | TYQ125c | 0.05 | 12511/11.5 |
| Paper | S | 500 | TYU126c | 0.33 | 12509.5/10 |
| Paper | B | 500 | TYQ123/123.5 p spread | 0.1 | ^12510 |
| Merril | B | 1,000 | TYU127c | 0.19 | 12510.5/11 |
| Paper | B | 1,500 | TYQ123c | 1.25 | 12511/11.5 |
| New Edge | B | 1,000 | TYU121/124 p 1X1.5 | 0.39 | ^12511.5 |
| Locals | B/S | 1,000 | TYU123/124.5 p spread | 0.36 | 12513.5/14 |
| Locals | B/S | 600 | TYU124.5/125.5/126 c tree | 0.07 | 12512.5 area |
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