Spent most the morning on the floor – was good to see a lot of faces I hadn’t seen in a while. Option pits are still very dynamic and if you don’t know where I stand on the merits of open outcry and the value of price discovery – go filth yourself. The grain option pits were quite active as prices made a limit move down in corn yesterday and the wheat options were quite active as well.
Was trying to raise interest in a fund raiser I will be doing so not too focused on the markets this morning. Below are some of the larger flows from today’s session.
Getting caught up will send more in a bit.
| 7/1/2011 | |||||
| Paper | B | 7,500 | EOQ86/87/90 broken p fly | 3 | 9913/13.5 |
| 10yr. Options | |||||
| Merril | S | 25,000 | TYU120p | 0.5 | 12129/29.5 |
| Paper | S | 3,000 | TYU120p | .49 and .48 | 12127/28 |
| Paper | B | 1,500 | TYQ122 strad | 1.46 | 12126/27 |
| Merril | S | 1,000 | TYU122 strad | 2.59 | N/A |
| Paper | S | 1,000 | TYWk1 122p | 0.12 | 12129/29.5 |
| Paper | S | 2,000 | TYU122 strad | 2.53 and 2.52 | 12127/28 |
| Paper | B | 750 | TYQ122 strad | 1.45 | N/A |
| JP Morg | S | 3,000 | TYU118/119 p spread | 0.1 | ^12128 |
| Paper | B | 4,000 | TYU119.5/120 p spread vs. | see below | |
| Paper | S | 4,000 | TYU118.5/119 p spread | .14 - | ^12126 |
| Above 2 executed as a package the 119.5/120 over of course. | |||||
| 30yr. Opts. | |||||
| Paper | S | 2,000 | USU120/122 p spread | 0.45 | 12221/22 |
| RJO | B | 900 | USU 123 strad | 4.18 to 4.16 | N/A |
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