Yeah, I run that squawk box, it was pretty fun quoting that stuff today, and being right next to it when it happened, although not fun for the EDF...
Talk about one ****ed up close today. Option locals sold nearly 5000 futures in the last half hour from 26 down to 25 (most likely Brumfield...
My desk on the floor is literally right next to the 10yr futures pit at the CBOT (I run a squawk box) so I can see all of the huge desks and have...
It was super thin in there early this morning, then someone came in and bought about 3000 up near the highs on the screen (most likely Brumfield...
Not sure if this explains anything but there are about 10,000 Dec 06 9575 straddles someone has on against 9591 in the futures, so that might have...
Correction on my above post, Gross was SHORT US ten-year versus LONG Eurex Bund. They tend to put on this position in chunks. Last time they did...
Bill Gross was a huge fan of that US Ten-year note vs. German Bund spread (in terms of cash yield basis). I believe he put it on (short US...
How did this scenario play out exactly? I usually get to see the big stuff go through in the 10-yr notes (pit and screen) and how big paper works...
A lot of CBOT floor guys use Market Profile to trade the interest rate products. Other than that there aren't a ton of guys using technical...
If you want to trade the US Treasury options at this point in time using the pit is still the best way. The biggest locals will quote any market...
If you have pit-access through your broker I would recommend using that venue during US market hours (7:20am-2:00pm). There are tons of locals...
Sep is the front month now, but even today Sep was only showing 300-500 up later this afternoon. Biggest local took off early today so that...
Yeah, we figured on the floor it was one of their prop traders and not a customer. His position was essentially long the 111-113 guts (long 113...
The numbers I heard were from anywhere between 150K and 250K ten year notes that this guy was short. Yes, it is a huge position, and heard that...
The death spikes are usually when someone comes in to move about a 1000 plus in extreme market conditions, like the first order to come in after a...
Rumor on the CBOT floor that one of JP's big prop traders was short on the order of 200K Ten-years into the whole rally last couple months....
Check your PM.
The reason the spread has been having such great swings is because there has been somewhat of a squeeze in the June Ten-year note contract. The...
Charlie D was definitely the FIRST biggest 30-year bond local. He made the pit what it was in the late 1990's. I would say he definitely traded...
Biggest ten year pit and screen local at the moment is Hardy Brumfield (Harris' bro). I would hope Harris is not trading anymore with fiduciary...
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