Someone was asking about the June 106 puts in 30yr trying to roll into the Sep 104 puts. That play is a pure volatility play, John Hughes...
JohnL, I agree with you, the fact the Fed has raised from 1% to practically 5% and risk premiums and spreads haven't really budged until early...
Yield curve steepenings are also somewhat normal during periods of high long-end corporate supply and Treasury supply as a result of rate-lock...
Actually, as usual the Japanese guys got out of their puts too early, or at least a portion of the 30yr puts, but out of all the May 106 puts in...
I would watch out if you are cautiously bullish in the Notes and especially the Bond. Over the past two weeks there have been so many structural...
No problem Noteboy, sorry for taking that the wrong way. Yes, that did kind of happen as if something was coming across the wire (or about to) at...
Noteboy, I never mentioned anything about 10,000 lot clips being normal. I just said it doesn't move the market like it used to, the size is...
Locals, guys trading their own account, essentially as scalpers/market makers/crazy all-together. These are the guys that have at least 500 or so...
That hedge fund that clears Barclays Capital is none other than Citadel Group (they clear the same house for bonds at CBOT). I think the biggest...
Agreed with TomCole, 10,000 contracts in the 10yr note is nothing these days, only moving the market maybe 2 full ticks at most times. Also,...
PIMCO was still selling premium Friday, but not in their normal way. After the 30yr was hammered to the lows and began to trade back above 20...
Not sure about that yet, there were so many new put positions established today in the 10yr and 30yr they are too numerous to mention. The one...
I'm going with a little soft to right on the money as usual. I think our trade is more dependent upon positions already out there. There was a...
http://www.cbot.com/cbot/pub/page/0,3181,1334,00.html
Last trade in June 105 puts is 17, with PIMCO selling 5000 at that price, last trade in June 109 calls is 3, with the same guys covering their...
Yes, their 10yr strangle is against a long 50,000-100,000 lot futures position and then various cash notes and bonds. They are doing exactly what...
No, the quote will not show up on Bloomberg, but you can look up each individual option price on there and then add them together and the strangle...
That strangle they are doing trades at the Chicago Board of Trade, they are options on Treasury futures. Won't find its value on Yahoo Finance....
The way I interpreted his explanation of the bond market is that he doesn't like Treasuries because he isn't being adequately compensated for...
As for the Japanese, you hit the nail on the head. For the most part they concentrate their long positions in cash notes and bonds, which...
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