Employees for CBOT? I work at the CBOT. I am not an employee of them so I have no agenda saying something that is a lie. Somebody else please...
Trigger you seriously have no idea what you are talking about. I stood next to the 30yr futures pit for the last 4 years and can tell you the...
Vol has definitely traded lower in the 10yr with nearly all months hanging around 3.50%, pretty sure this is at or near all-time lows. Don't see...
My feeling is that dealers will continue this concession into the Refunding remaining steep the curve. They will use the Refunding in May to get...
Any of the Chicago interest rate options flow that is done electronically is usually crossed (customer and local) by the same NYC/London broker...
Hopback made some good points as well. I would agree most of my good trades come from giving up edge to get in (contrary to what most prop shops...
On the financial options side the pit will be around for some time. It is possible to get a liquid market on a 10yr option June-Sep call calendar...
Sorry for not getting back right away. I ASSUME that most large orders that I described in the previous post are paper when they have a flow to...
Alright, here is my take on things. The difference between this rally and past rallies is that it manifested itself on credit market worries...
As someone who has watched the 10yr order book non-stop for the last 4 years or so I will try to impart some advice on this subject. First of...
Ditto with el surdo. The implication for bonds is the curve steepening we are seeing (flight to quality effect). On the flip side nothing has...
Ya, I guess if you are marking the position where both spreads settled today that does make sense he is down about 11.2 million. But I think it...
Speaking about the FIT spread (5yr vs. 10yr ) someone rolled a monster one from March into June yesterday buying -3.5 in the 5yr calendar 100,000...
At least one of the biggies got hurt for a change today. I think WAMCO had sold around 20,000 June 108 calls on the recent uptick from around 27...
March 106-107 strangle is looking pretty good (worth 23 and they sold 30's and 29's in BIG size) after today's massive failure to make a breakout...
Goldman hit today's move right on the money with their short March 106 puts vs. futures from basically a 4.10% vol level. On the close today vol...
They were short the Feb 107 straddle (puts and calls) for the last 3 or 4 weeks. They almost were looking very good as we started trading 106-19...
Yes John. Goldman was actually long around 10,000 on that strike from an old position probably why open interest wasn't up by 50,000. Also had...
Surprisingly 107 volatility was only bid by about .10% in Feb so they really didn't get hit too hard today. I think they sold however many...
Separate names with a comma.