Equity markets globally reacted positively overnight to comments that a deal was agreed to (currently the vote does not look likely to occur until after 12:30 eastern time). Since the start of the US trading day equities have lost their support, and after some very weak data courtesy of the Institute of Supply managers, stocks took out last week’s low and fixed income rallied to monthly highs.
Larger flows from a.m. session listed below:
| 8/1/2011 | |||||
| Paper | B | 1,000 | EDQ93/95/96 p fly | 1 | 9964/64.5 |
| Paper | S | 2,000 | EDU 9937 p | 2.75 | 9964/64.5 |
| New Edge | S | 5,000 | EDQ13 85/87/90 c flys | 9 | 9983.5/84 |
| New Edge | B | 5,000 | EDZ13 87/90/92 c fly | 5 | 9860.5/61 |
| Above 2 done as package - rolling out of long Aug - into a long Dec. initially paid 4 for Aug. | |||||
| Paper | S | 1,000 | EDZ13 90/92 c spread | 6 | 9861/61.5 |
| Paper | B | 10,000 | EDU14 9787/9812 c 1X2 | 4 | 9791 |
| Fed Fund opts | |||||
| Paper | S | 1,000 | FFZ/G 9987 c calendar | even Dec. over | N/A |
| Paper | S | 500 | FFQ 9987p | 1.5 | 9887.7/88 |
| Drax | S | 1,000 | FFG 9981/9987 p 1X2 | 1 2 legs over | 9983.5/84 |
| 10yr. Opts | |||||
| 1st Op | B | 5,000 | TYU120/121/122/123 p condor | 0.04 | 12522/24 |
| RJO | B | 2,000 | TYU127c | 0.28 | ^12527 |
| RJO | B | 1,000 | TYU127c | 0.26 | ^12523.5 |
| Paper | S | 2,000 | TYU125.5 strad | 1.57 and 1.56 | ^12523.5 |
| Paper | B | 2,000 | TYU123p | 0.16 | 12519/20 |
| CCM | B | 1,000 | TYU122/124/125.5 p tree | 0.2 | ^12523 |
| DT | B | 2,500 | TYU128c | 0.13 | 12524.5/25.5 |
| RJO | B | 1,000 | TYU125.5 put | 0.5 | ^12529 |
| Trades below occur after market rallies an weak ISM figures | |||||
| Paper | B | 750 | TYU122p | 0.08 | 12606/06.5 |
| Paper | S | 1,000 | TYU127c | 0.36 | 12606.5/07 |
| Paper | B | 1,000 | TYU121/128 combo | 0.06 | ^12607 |
| Paper | B | 1,000 | TYU120/121/122/123 p condor | 0.03 | 12608.5/09 |
| 30yr. Opts | |||||
| Smith B | S | 4,500 | USU 118p | 0.04 | 12804/05 |
| Trades right near open not much else since | |||||
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