OPTIONS: Upside Theme In Euro Rates Continues

Jan-23 17:52

Thursday's Europe rates/bond options flow included:

  • ERJ5 97.75/97.87/98.00c fly, bought for 2.75 in 6.75k.
  • ERJ5 97.8125/97.87/97.9375c fly, bought for 1 in 5k.
  • ERM5 97.75/97.87/98.00c fly, bought for 1.25 in 2.5k.
  • ERM5 97.8125/97.9375cs, bought for 4.75 in 2.5k.
  • ERM5 98.00/98.12/98.25/98.37c condor bought for 1.5 in 20k.
  • ERM5 98.12/.98.25/98.37c fly, bought for 0.25 in 10k.
  • ERM5 98.00/98.12/98.25c fly, bought for 1.25 in 7.5k.
  • ERM5 97.75/97.87/98.00/98.12c condor, bought for 3.25 in ~1.2k.
  • ERM5 97.875/97.9375/98.12/98.1875, bought for 2 in 38k total
  • ERM5 97.75/97.87/98.00c fly, bought for 1.25 in another 3k..
  • SFIM5 95.90/96.10/96.30c fly vs 95.60p, bought the fly for -1 (receive) in 7k
  • SFIU5 96.05/96.15/96.20/96.30c condor, bought for 1.25 in 4k.

Historical bullets

US STOCKS: Late Equities Roundup: Santa Rally Support

Dec-24 17:26
  • Stocks continued to pull higher Tuesday, brief program selling tempered price action before climbing higher again before the early close ahead of the midweek Christmas holiday, Consumer Discretionary and Information Technology sectors outperforming.
  • Currently, the DJIA trades up 299.2 points (0.7%) at 43206.37, S&P E-Minis up 50.75 points (0.84%) at 6086.75, Nasdaq up 206.8 points (1%) at 19971.56.
  • Autos and broadline retailers buoyed the Consumer Discretionary sector in the first half: Tesla +5.12%, General Motors +1.71%, Amazon +1.5%, AutoZone +1.29%. Semiconductor stocks continued to support the IT sector for the second day running: Super Micro Computer +5.49%, Broadcom +2.87%, Palantir Technology +1.74%, ON Semiconductor +1.25%.
  • On the flipside, Health Care and Utility sectors underperformed ahead the early close, pharmaceutical shares weighing on the former: Viatris -0.80%, Regeneron Pharmaceuticals -0.58%, Biogen -0.56% and Bristol-Myers Squibb -0.46%. Gas and Electricity providers weighed on the Utility sector: American Water Works -0.70%, AES Corp -0.57%, Consolidated Edison -0.41%.

FED: US TSY TO SELL $75.000 BLN 4W BILL DEC 26, SETTLE DEC 31

Dec-24 17:05
  • US TSY TO SELL $75.000 BLN 4W BILL DEC 26, SETTLE DEC 31

FED: US TSY TO SELL $70.000 BLN 8W BILL DEC 26, SETTLE DEC 31

Dec-24 17:05
  • US TSY TO SELL $70.000 BLN 8W BILL DEC 26, SETTLE DEC 31