The market is crazy long right now. Not to mention add the mortgage guys in the options markets long 100,000 each of the Dec 109 and 110 calls...
100,000 have traded between 00 and 02 today in the 10yr, options related hedging on the 100,000 sep 107 calls that expire today. Terrible range...
I run a bond squawk. Any questions PM me.
Mr. Gross at it again selling 10yr volatility. Here is the risky part . . . they are selling strangles, big surprise. Starting to sell the March...
Just a warning PIMCO is beginning to leg their core strangle position in the 30yr (normally the 10yr). I have watched this time and again over...
Not much activity in terms of futures curve plays. As for the mortgages guys hedging prepayments in the options they are long the Nov 107 calls...
Now the Fed instantly looks like a genius with a very soft PPI and somewhat tame CPI today. They aren't out of the woods yet, probably not on...
Nothing of note going on today until about 1:30pm. Then the big boys came out to play. A part of the Goldman prop group has been short front...
Finally back from a two-week long vacation in the Northwoods of Wisconsin. Even the people up there are talking about high interest rates and oil...
This big European hedge fund (Vega Asset Managment, we think) not only sold those 20,000 10yr straddles outright but also the Sep 104 straddle in...
Speaking of financial vol merrill lynch just sold 20,000 plus Sep 106 straddles in the 10yr options. That should probably answer your question....
Scalping longs nice today but wouldn't get too comfortable in a position. The shorts can't quite throw in the towel with PCE on their side for...
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Yesterday's move for the most part options related and I am sure a couple of you guys would like to hear that one or two of the bigger 5yr locals...
Oh ya, don't forget $90 billion in upcoming Treasury supply by the end of the refunding.
I think front end shorts should not quite throw in the towel. Manufacturing data has yet to really soften. It is a given job growth is still...
More like massive short covering. Open interest in the 10yr was up by 115,000 yesterday after the PPI. Strong CPI today and everyone was...
Haha, good stuff daddyeaux. On a more serious note, EDF Man purchased over 30,000 August 104 puts in the 10yr options (expiring Friday) after the...
I think this geopolitical stuff is definitely screwing with the yield curve. Too bad it is all CNBC focuses on all fricking day and the stock...
Yes, mainly the 10yr but more of a position scalper. I will trade small scalps if I don't have a great feel for the overall direction or if we...
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