EQUITIES: US Equities make new session lows

Jun-30 13:56
  • Nasdaq new low as well as the Emini.
  • Next support in NQU2 is at 11,320.5.
  • Emini still eye 3735.00/3639.00 Low Jun 23 / 17 and the bear trigger next.

Historical bullets

EUROPEAN COUNCIL: Michel & VdL, Scholz Hold Pressers Following EUCO Meeting

May-31 13:55

European Council President Charles Michel and Commission President Ursula von der Leyen currently delivering presser following the conclusion of the EUCO special meeting in Brussels.

  • Livestream: https://audiovisual.ec.europa.eu/en/ebs/live/1
  • Von der Leyen says EU looking to set up task force for joint gas purchases. - Q1 non-Russian LNG delivieries have doubled. - "Last night we agreed to ban, de facto, the import of 90% of Russian oil into the EU, which will be effective by the end of the year. Russia has halted supply to five member countries: Finland, Bulgaria, Poland, the Netherlands and Denmark."
German Chancellor Olaf Scholz also delivering presser (livestream: https://www.tagesschau.de/multimedia/livestreams/l...)
  • Politico: "Chancellor Olaf Scholz said Germany will implement "Ringtausch" tank swap with Greece, which will deliver older Soviet-era tanks to Ukraine and get modern German infantry fighting vehicles as replacement. Scholz said he also spoke with Polish PM to enable such a deal"
  • Scholz: "Germany and Poland will sustain efforts to phase out Russian oil imports by year-end".

US TSYS: Eurodollar/Tsy Option Roundup

May-31 13:17
  • Eurodollar Options:
    • 7,000 short Jun 96.50 puts
    • 5,250 Dec 96.37 puts, 11.5
    • 1,500 short Jun 96.75/97.00 call spds
    • Overnight trade
    • +3,500 Aug 97.12/97.50 put spds 3.5 over 97.68 calls
    • Block, +6,000 Jul 97.12/97.43 2x1 put spds, 6.0
    • 4,000 short Jun 96.56/96.68 put spds vs. 96.87 calls
  • Treasury Options:
    • 2,500 TYN 115.5 putsm, 4.0
    • +5,000 TYN 121 calls, 16
    • +7,000 wk1 TY 120 calls, 8-9
    • -5,000 TYN 119.5/120.25/121 call trees, 2 vs. 119-21.5
    • Overnight trade
    • +5,500 wk1 TY 118.5/118.75 put spds 3.0 ref 119-15

EGB OPTIONS: Schatz put spread

May-31 13:17

DUN2 109.50/109.30ps, sold at 10.25 in 5k